News

Marketplace11h

That bombshell jobs report? Some economists saw it coming.

Nguyen said sure, the report showed the labor market was weaker than he’d thought. But, he said, “the data actually reaffirms ...

Bank of America's CEO responds to weak jobs report that spurred Trump firing of BLS chief

Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the ...

Economy Updates: After a Weak Jobs Report, Trump Fires That Agency’s Commissioner

Hours after data showed cracks in the U.S. economy, President Trump said without evidence that Erika McEntarfer “rigged” the ...

Trump fires labor statistics boss hours after the release of weak jobs report

Without evidence, Trump called the data "rigged" and implied that BLS Commissioner Erika McEntarfer manipulated the numbers ...

Trump fired the BLS chief for a bad jobs report. Here’s how those numbers are gathered

The Bureau of Labor Statistics uses surveys to collect economic data including employment counts, wages and inflation.
The New Republic on MSN14h

Trump Pushes Desperate Defense for Firing BLS Chief Over Jobs Report

President Trump on Sunday defended his decision to fire the head of the Bureau of Labor Statistics (BLS) following a weak ...

Trump's false claims about jobs report going to have economic consequences: CNBC analyst

President Trump is claiming, without evidence, that Friday's jobs report was "rigged." In response to the weak numbers, Trump ...

5 things to know for August 4: Jobs report, Texas redistricting, Montana bar shooting, Abortion, Covid-19

He fired Commissioner Erika McEntarfer on Friday, shortly after the release of a weaker-than-expected jobs report that showed ...

The ‘Trust America’ Trade Is Under Threat. Why the Jobs Report, BLS Firing, and Fed Resignation Sparked Market Jitters.

A so-called “sell America” trade, which led in part to the weakest 7-month stretch for the dollar in five decades, developed ...