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Bureau Of Labor Statistics

All articles tagged with #bureau of labor statistics

politics25 days ago•2 min saved

Trump names BLS veteran to head the statistics agency

President Trump said he intends to nominate Brett Matsumoto, a former BLS economist now with the White House Council of Economic Advisers, to run the Bureau of Labor Statistics, replacing Erika McEntarfer. Matsumoto has a decade-long background in price index measurement at the BLS and previously served at the CEA; the nomination follows controversy over a prior pick. The BLS is a nonpartisan data agency, and the move comes as payroll data revisions for 2025 are expected to show slower job growth.

via Axios|

#brett-matsumoto #bureau-of-labor-statistics #council-of-economic-advisers

politics26 days ago•4 min saved

Trump Names Data-Driven Economist to Lead the Labor Statistics Bureau

President Trump nominated Brett Matsumoto, a career BLS economist known for explaining data, to head the Bureau of Labor Statistics after firing the previous commissioner over weak jobs numbers; his Senate-confirmation is required, and the agency—scarred by turnover and morale issues—faces staffing challenges, but officials say the data remains reliable and less prone to political interference under a conventional leadership.

via The New York Times|

#brett-matsumoto #bureau-of-labor-statistics #inflation-data

economy26 days ago•19 min saved

Trump taps longtime staffer to head Bureau of Labor Statistics

President Trump announced he will nominate Brett Matsumoto, a White House economist and veteran staffer, to lead the Bureau of Labor Statistics, filling the post left vacant after he dismissed the prior commissioner following a weak jobs report.

via The Washington Post|

#bureau-of-labor-statistics #donald-trump #economy

economy2 months ago•3 min saved

Economists Question Reliability of Recent US Inflation Data

Wall Street economists warn that November's US inflation report, showing a sharp decline, may be flawed due to missing data caused by the government shutdown, leading to skepticism about the accuracy of the figures and their impact on monetary policy.

via Financial Times|

#bureau-of-labor-statistics #economy #government-shutdown

economy4 months ago•0 min saved

September Consumer Prices Hit Highest Rate Since January

In September, consumer prices increased at a 3% annual rate, the highest since January, signaling a rise in inflation according to the Bureau of Labor Statistics.

via The Washington Post|

#bureau-of-labor-statistics #consumer-prices #economic-data

economy4 months ago•3 min saved

Government Shutdown Threatens Next Inflation Report Amid Economic Uncertainty

The White House announced that there will likely be no inflation report released in November due to the ongoing government shutdown, which has paused data collection by the Bureau of Labor Statistics. This absence of data could impact the Federal Reserve's decision-making on interest rates and leave markets and policymakers without crucial information on inflation trends.

via businessinsider.com|

#bureau-of-labor-statistics #economic-data #economy

economy4 months ago•2 min saved

October Inflation Data at Risk Amid Shutdown

The US government is unlikely to release October inflation data due to the ongoing shutdown, which has halted data collection activities at the Bureau of Labor Statistics, marking the first time such data is not published in history. This delay could impact markets, businesses, and the Federal Reserve's decision-making.

via Bloomberg.com|

#bureau-of-labor-statistics #economy #government-shutdown

economy4 months ago•2 min saved

Private Firms Fill Gap as US Government Shutdown Halts Economic Data Release

During the government shutdown, businesses and policymakers turned to alternative private sector data sources like restaurant reservations, hotel occupancy, and job listings to gauge the economy, highlighting the importance of the official data from the Bureau of Labor Statistics, which remains the gold standard for economic measurement despite the availability of various unconventional indicators.

via Axios|

#alternative-data #bureau-of-labor-statistics #economic-indicators

economy4 months ago•1 min saved

Inflation Data and Social Security COLA to Be Released Despite Shutdown

The US Labor Department's Bureau of Labor Statistics will resume work on September's consumer price index report despite the ongoing government shutdown, with the report scheduled for release on October 24, nine days later than planned, while other data releases remain delayed due to the shutdown.

via CNBC|

#bureau-of-labor-statistics #cpi #economy

economy4 months ago•1 min saved

BLS prepares to release delayed inflation report amid shutdown

The Bureau of Labor Statistics is recalling staff to finalize and release the delayed Consumer Price Index (CPI) data, crucial for determining the Social Security Cost of Living Adjustment (COLA), which was postponed due to the government shutdown. The CPI data, essential for economic and Federal Reserve decisions, is now expected to be released soon, ensuring timely COLA calculations despite other delayed reports like September's unemployment figures.

via Axios|

#bureau-of-labor-statistics #cpi #economy

economy4 months ago•1 min saved

Inflation Report to Be Released Amid Government Shutdown

The Bureau of Labor Statistics is partially resuming work to release the September Consumer Price Index data despite the federal government shutdown, which has delayed key economic reports, including the jobs report, but the CPI data will be available in time for the Federal Reserve's upcoming meeting.

via The New York Times|

#bureau-of-labor-statistics #consumer-price-index #economic-data

politics4 months ago•3 min saved

Markets React to U.S. Shutdown and Economic Uncertainty

Senator Elizabeth Warren urges the Trump administration to release the September jobs report despite the government shutdown, emphasizing its importance for economic decision-making, while the White House blames Democrats for the shutdown, which is also delaying other critical economic data.

via CNN|

#bureau-of-labor-statistics #economic-data #elizabeth-warren

politics4 months ago•2 min saved

White House Withdraws E.J. Antoni's Nomination for Bureau of Labor Statistics

E.J. Antoni, Trump's controversial nominee to lead the Bureau of Labor Statistics, has withdrawn his bid amid bipartisan criticism over his partisan background and lack of statistical expertise, leading to the search for a more suitable candidate.

via NPR|

#bureau-of-labor-statistics #criticism #ej-antoni

politics4 months ago•4 min saved

White House Withdraws E.J. Antoni's Nomination to Lead BLS

The White House withdrew its nomination of conservative economist E.J. Antoni to lead the Bureau of Labor Statistics amid bipartisan criticism and concerns over his lack of government experience and his history of criticizing the agency's reports. The agency is currently led on an interim basis, facing challenges like budget cuts and politicization, with a new nominee expected soon.

via The New York Times|

#bureau-of-labor-statistics #ej-antoni #nomination-withdrawal

politics4 months ago•2 min saved

White House Withdraws E.J. Antoni's Nomination for BLS Leadership

The White House has withdrawn its nomination of E.J. Antoni, a conservative economist, to lead the Bureau of Labor Statistics amid concerns from Republicans and critics about the reliability of the agency's data, especially amidst ongoing political tensions and a potential government shutdown that could delay key economic reports.

via CNBC|

#antoni-nomination #bureau-of-labor-statistics #economy