All articles tagged with #labor statistics
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.
The U.S. Labor Department withheld September employment data due to a government shutdown, leaving economists and policymakers without crucial information on wage growth, unemployment, and job creation, which increases economic uncertainty.
The US economy's strong job data was misleading, as recent revisions by the Bureau of Labor Statistics show about 900,000 fewer jobs created between March 2024 and March 2025, confirming that the economic 'vibes' were accurate despite public perception.
The U.S. job market showed a significant slowdown in August with only 22,000 jobs added, well below expectations, leading to discussions about potential interest rate cuts and sparking controversy over the firing of BLS Commissioner Erika McEntarfer following the report's revisions and political tensions.
President Donald Trump extended the US-China trade truce for another 90 days, maintaining the current tariffs and signaling ongoing negotiations. He also announced a federal takeover of Washington, D.C., and discussed other political and economic developments, including a new appointment at the Bureau of Labor Statistics and meetings with corporate leaders.
President Trump fired the head of the Bureau of Labor Statistics after a disappointing jobs report and announced plans to appoint a new commissioner within days, amid claims of data manipulation and concerns over the reliability of economic data.
President Trump plans to appoint a new top labor statistics official after firing the previous one amid controversy over jobs data, while also pushing forward with large-scale renovations to the White House and engaging in diplomatic efforts regarding Ukraine, amidst ongoing legal challenges to his administration's actions.
President Donald Trump announced he will hire a new Bureau of Labor Statistics commissioner within a few days after firing the previous one, amid claims that the recent jobs report was manipulated, which he continues to assert without evidence. The White House aims to have 'own people' in charge of the data, and Trump is also preparing for a diplomatic trip to Russia.
Donald Trump plans to appoint new leaders to the Federal Reserve and the Bureau of Labor Statistics, including a new Fed governor and a new labor statistics chief, amid controversy over the firing of the previous BLS head and Trump's efforts to influence US economic data and policy.
President Trump plans to announce new appointments for a Federal Reserve governor and Bureau of Labor Statistics commissioner this week, aiming to influence monetary policy and potentially replace Fed Chair Jerome Powell amid ongoing tensions over rate cuts and economic data reliability.
President Trump’s firing of the Bureau of Labor Statistics Commissioner Erika McEntarfer has sparked criticism from economic experts and raised concerns about the independence of federal agencies responsible for vital economic data, amid fears of increased politicization and potential impacts of budget cuts.
President Trump fired the head of the Bureau of Labor Statistics after a weak jobs report, accusing her of fabricating data, which drew criticism from Republican senators and economists who argued the firing undermines the independence of federal statistics.
President Trump announced he will fire the BLS commissioner Erika McEntarfer after the agency reported weak July jobs numbers and downward revisions for previous months, accusing her of political manipulation despite the BLS's reputation for independence and accuracy in economic data.
U.S. Trade Representative Jamieson Greer defended President Trump's decision to fire Labor Statistics chief Erika McEntarfer, citing concerns over the accuracy of federal employment data following a disappointing jobs report and revisions that showed significant downward adjustments, amidst ongoing debates about the reliability of economic statistics and the impact of tariffs on manufacturing jobs.