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Trump fires BLS commissioner after weak jobs report and baseless claim of 'faked' stats
President Donald Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a new jobs report showed a major slowdown of hiring in recent months. In a social media post, Trump volleyed sharp criticism and baseless accusations at Erika McEntarfer, a Biden appointee who was confirmed by the Senate in 2024.
After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.
Fed Chair Jerome Powell said the data will decide whether the central bank can cut rates in September. So all eyes are on the ...
Trump's public frustrations with the economics and statistics agency appear to date back to his 2016 presidential campaign.
Trump announces new tariffs on countries that haven't made deals with U.S. as stock market dips. Bureau of Labor Statistics ...
The July jobs report showed a 73,000 gain in payrolls, below consensus expectations, and included substantial downward ...
Jobs numbers for May and June were revised down sharply in the latest nonfarm payrolls report, while July’s figure fell short ...
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
In July alone, rising adoption of generative AI technology by private employers accounted for more than 10,000 job cuts, ...
U.S. job growth stalled in July, with just 73,000 jobs added. Also, employment numbers for May and June were lowered, ...
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