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Bls

All articles tagged with #bls

Union momentum defies political pressure to reach 16-year peak in 2025
labor8 days ago

Union momentum defies political pressure to reach 16-year peak in 2025

U.S. union membership rose to 14.7 million in 2025 and 16.5 million workers were covered by union contracts—the highest since 2009—despite the Trump administration’s push to roll back bargaining for about 1 million federal workers; density climbed to 11.2%, and public approval for unions remains high (67–71%), signaling renewed organizing over years.

Partial government shutdown delays January jobs report
business25 days ago

Partial government shutdown delays January jobs report

The Bureau of Labor Statistics has postponed the January 2026 Employment Situation release due to the partial government shutdown, with the release rescheduled when funding resumes. The delay comes as a busy data week would have culminated in the nonfarm payrolls report and the Job Openings and Labor Turnover Survey. Markets had expected about 55,000 new jobs and a 4.4% unemployment rate. The shutdown also threatens other data releases, and a resolution by Tuesday is hoped for by Speaker Mike Johnson as Congress negotiates funding for the government and DHS.

Missing Economic Stats Threaten Policy, Jobs, and Growth
economy25 days ago

Missing Economic Stats Threaten Policy, Jobs, and Growth

A Business Insider Discourse piece argues that a steady erosion of government-held economic data—driven by budget constraints, survey slowdowns, and a lengthy shutdown—could leave the Fed, businesses, and households making decisions with less reliable signals. Private data sources can’t fully substitute for core statistics like unemployment and inflation, risking delayed or miscalibrated policy, fewer hiring plans, and higher recession risk as trust in data declines.

economy4 months ago

Inflation Data Anomalies Signal Potential Market Volatility

The article discusses a significant outlier in the Owner's Equivalent of Rent (OER) component of the Consumer Price Index (CPI), which heavily influenced inflation readings in September 2023. Due to an anomaly, OER's minimal increase of 0.13% significantly lowered the overall CPI, core CPI, and core services CPI figures, potentially underestimating true inflation levels. Without this outlier, inflation would have appeared much higher, especially in core services, which are heavily weighted by housing costs.

Former BLS Chief Warns Against Politicizing Economic Data After Firing
politics5 months ago

Former BLS Chief Warns Against Politicizing Economic Data After Firing

Erika McEntarfer, former BLS commissioner, was unexpectedly fired after reporting weak jobs data, raising concerns about political influence on economic statistics and the independence of the BLS. Her dismissal followed her comments on revisions to employment figures, which President Trump claimed were manipulated, though experts say revisions are routine. McEntarfer criticized the move as a threat to economic stability and the integrity of official data.

U.S. Job Market Faces Challenges as Data Revisions Reveal Economic Uncertainty
economy5 months ago

U.S. Job Market Faces Challenges as Data Revisions Reveal Economic Uncertainty

The Bureau of Labor Statistics has significantly overestimated U.S. employment figures over the past three years, with errors reaching nearly 3 million jobs, leading to misleading economic narratives and policy decisions. The flawed data has impacted public perception, political outcomes, and economic policies, highlighting the urgent need to reform and depoliticize the agency to restore trust and accuracy in labor statistics.