News

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 ...
Fact Check Team: Politicization or poor performance? Trump fires BLS commissioner
President Donald Trump fired Erika McEntarfer, the head of the Bureau of Labor Statistics (BLS), citing her mishandling of ...
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 ...
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 ...
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 ...
Trump says jobs data is 'rigged' — Could there be a fix?
As Trump fires BLS chief, Cardone tells TheStreet Roundtable that blockchain offers truth — but won’t fix bad policy.
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.
In rejecting the jobs report, Trump follows his own playbook of discrediting unfavorable data
And on Friday, when the July jobs report revisions showed a distressed economy, Trump had an answer: He fired the official in charge of the data and called the report of a sharp slowdown in hiring ...