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Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...
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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 ...
Why the B.L.S. Regularly Revises Jobs Data
President Trump fired the head of the Bureau of Labor Statistics last week and described a jobs report that included a big ...
Fact check: Trump’s claim that pre-election jobs revisions helped Democrats
The jobs report for July revealed that some 258,000 fewer jobs were added in May and June than previously reported.
‘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 ...
How unusual are jobs numbers revisions? According to experts, they're a common feature.
The Bureau of Labor Statistics last week issued a steep downward revision to May and June's hiring numbers, prompting ...
White House Says Terrible Jobs Data 'Must Be a Typo'
The White House believes unusual jobs data revisions prove the recently fired Bureau of Labor chief was manipulating statistics.
The BLS Isn’t Alone in Facing Data Challenges; U.K. Has Them Too
For years, the U.K.’s main economic statistics agency has faced growing scrutiny about how it collects employment data.