News

Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works
President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” ...
Fed official says last week's jobs revisions could signal an economic turning point
Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...
Hoodline3d
President Trump Fires BLS Chief Following Poor Jobs Report, Fueling Fears of Political Interference in Economic Data
President Trump fired the BLS chief after a poor jobs report, amid concerns of meddling in economic data reporting and issues ...
Government Executive4h
‘The neutrality of the agency has been eliminated:’ Stats-based feds decry BLS chief’s firing
Employees express concern Trump's firing of the commissioner, which followed a weak jobs report, will lead to future ...
Economists push back on Trump’s assertion that July jobs data was ‘rigged’
Labor economist Aaron Sojourner said President Donald Trump’s decision to fire the Bureau of Labor Statistics commissioner ...
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 ...
‘Trust America’ Trade 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 ...
S&P 500 Momentum Reverses As Fed Signals No Rate Cut, Bad Jobs Report
The S&P 500 (SPX) saw its upward momentum reverse during the trading week ending Friday, 1 August 2025. Click to read.