The U.S. Bureau of Labor Statistics (BLS) is expected to release a significant downward revision to employment numbers on Wednesday, potentially cutting one million jobs from reported figures between April 2023 and March 2024. This anticipated revision could deal a major blow to the economic narrative presented by the Biden administration, casting doubt on the strength of the U.S. labor market.

The expected correction suggests that the job market is not as robust as previously indicated by official reports and media coverage. This has raised concerns among economists and political observers alike that the BLS and other federal agencies may have been presenting overly positive data, contributing to a skewed public perception of the economy’s health under President Joe Biden and Vice President Kamala Harris.

Revisions of this magnitude are rare, though not unprecedented. California’s nonpartisan Legislative Analyst’s Office (LAO) recently disclosed that the state’s reported job gains were largely illusory, revealing that flawed benchmarks had led to overly optimistic employment figures. The expected BLS revision may correct similar inaccuracies on a national scale.

This news follows a troubling July jobs report that fell well below expectations and included an unexpected rise in the unemployment rate. The unemployment increase has sparked debate among economists, with some arguing that the Sahm Rule—an indicator that a recession is underway—has now been triggered.

The upcoming BLS revision could have far-reaching implications, challenging the administration’s claims of a strong economy and sparking renewed debate over the true state of the U.S. labor market.