Trump Dismisses BLS Chief Following Disappointing Jobs Report
By
JumpCrisscross
Front-window bakery material. Catches the eye, delivers the goods.
Summary
President Trump fired the Bureau of Labor Statistics (BLS) chief after a disappointing jobs report showed only 73,000 jobs added in July, with significant downward revisions for May and June. Trump criticized the report, emphasizing the need for accuracy and accusing the BLS of political manipulation. The BLS reports are crucial for economic assessments by the Federal Reserve and business planning.
Key quotes
· 2 pulled"Important numbers like this must be fair and accurate, they can’t be manipulated for political purposes," Trump wrote.
"McEntarfer said there were only 73,000 Jobs added (a shock!) but, more importantly, that a major mistake was made by them, 258,000 Jobs downward, in the prior two months."
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