News

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 ...
Institute on Taxation and Economic Policy3hOpinion
Trump’s Firing of BLS Commissioner is Part of Larger Erosion of Federal Data Infrastructure
Last week, President Trump fired the Commissioner of the Bureau of Labor Statistics in apparent retaliation for weak jobs ...
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.” ...
How to Know When to Freak Out about Data Manipulation at BLS
The administration argues Commissioner Erika McEntarfer was removed for incompetence, but the most avid consumers of the agency’s data — top economists and key figures on Wall Street — worry it was ...
The Washington Post1d
If Trump really wants to improve economic data, here are better ways
But that is akin to what President Donald Trump did on Friday when he fired the commissioner of the Bureau of Labor Statistics a few hours after she released a disappointing jobs report and published ...
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.