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Trump fires official over jobs report

Deseret News on MSN · 12h

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.

CBS News on MSN · 8h

Revisions are a common feature of any jobs report says former BLS commissioner

The Bureau of Labor Statistics last week issued a steep downward revision to May and June's hiring numbers, prompting President Trump to call the edits "miscalculations" by the department's commissioner, whom he subsequently fired, in a social media post on Aug. 1.

CNN on MSN · 19h

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.” Yet revisions by the BLS were neither historic nor evidence of corruption.

10hon MSN

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

The stock market did a nosedive on Friday on worries that the U.S. economy may be weaker than previously thought and that ...

1hon MSN

How reliable is the jobs data? Economists and Wall Street still trust it

Most economists say that the Bureau of Labor Statistics is a nonpolitical agency staffed by people obsessed with getting the ...

Former BLS commissioner says it’s not possible to rig jobs numbers

On Friday, President Trump fired the head of the Bureau of Labor Statistics, Erika McEntarfer, after the July jobs report ...

11h

Why were US job numbers which riled Trump revised down by so much?

President Trump has fired the head of the US Bureau of Labor Statistics after the department revised down job numbers which ...

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