News

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 ...
Independent Journal Review8h
‘Something Wrong Here’: Scott Bessent Says BLS Took ‘Lazy Way’ Of Collecting ‘Corrupted’ Data
Secretary of the Treasury Scott Bessent said during a “Morning Joe” interview Thursday that the Bureau of Labor Statistics ...
5 things to know about the jobs report controversy that has economists defending government data
Response rates to government surveys have plummeted since COVID, but experts say that doesn't mean the numbers are wrong ...
Construction Dive6h
Construction economists say they trust revised jobs data
President Donald Trump fired the head of the Bureau of Labor Statistics over a recent report, which also slashed June's new ...
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.” ...
Government Executive36m
‘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 ...
Ballmer’s USAFacts warns against politicizing data after Trump fires BLS chief over jobs report
USAFacts, the nonpartisan nonprofit founded by Steve Ballmer, warns against politicizing government data after Trump fires the BLS chief over weak jobs numbers, raising concerns about data integrity ...
Why jobs revisions that led Trump to fire statistics head were so huge
The jobs report revisions that prompted Trump to fire the BLS commissioner were historically large. Here's why (Hint: it wasn ...
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 ...
The Many Ways American Life Relies on BLS Data
The data influences how much people pay in taxes, receive in retirement benefits and even how much they earn on some ...