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The Latest Breaking News from BLS

Labor Statistics Commissioner Fired Over 'Faked' Jobs Numbers—But Economists Warn the Real Threat Could Be To Market Trust

President Donald Trump‘s swift firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on August 1 sent ripples through financial markets already reeling from disappointing employment data. The decision, announced just hours after July’s lackluster jobs report, has economists warning about a dangerous precedent that could undermine one of America’s…

Benzinga

Two Trump-appointed economists—and longtime friends—are clashing over Trump's jobs data

William Beach, who Stephen Moore calls a “good friend,” said Trump's numbers shared during his Oval Office presser were “the strangest thing in the world.”

Fortune

Anthony Scaramucci Ridicules Trump's Job Numbers and Charts: 'There's a Slowdown Coming'

In the wake of the Bureau of Labor Statistics head’s dismissal, former White House communication official Anthony Scaramucci has ridiculed President Donald Trump‘s recent efforts to rectify the situation.

Benzinga

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Long removed as IRS commissioner two months after confirmation - Roll Call

Former GOP Rep. Billy Long has been removed as IRS commissioner by President Trump, a White House official said Friday.

Roll Call

Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data

Many financial and political analysts are trying to assess the impact of President Donald Trump’s decision to fire U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer on Aug. 1, 2025, the same day that an unemployment report conveyed weakness in the job market. Some of the strongest criticism of this…

The Conversation

Why America’s jobs data may be getting it wrong

The rise of entrepreneurship and AI-driven solopreneurs is reshaping the labor market—but U.S. data hasn’t caught up.

Fortune

It’s ‘not easy to manipulate data’, warns former labor statistics chief after Trump fires bureau head

Erica Groshen says she’s worried about US president bending bureau to his will, but hopes he ‘won’t go that far’

The Guardian - US

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Trump's War on Economic Data Is a Dangerous Move for MAGA's Own Agenda

The Bureau of Labor Statistics, the CBO, and the Fed are far from perfect. But the U.S. needs a statistical system that is modern, agile, and protected from political interference.

Reason

Paul Krugman Slams Donald Trump For Calling Jobs Report 'Rigged,' Says 'Every Accusation Is A Confession'

President Donald Trump's reaction to the latest jobs report, which showed a significant slowdown in hiring, has been met with sharp criticism from Nobel Prize-winning economist Paul Krugman.

Benzinga

How Much the Average Upper Class Retiree Spends Monthly at Age 75

Upper-class retirees ages 75 and over often spend $10K+ monthly -- far above the $53K average. Despite high spending, many grow wealth with strong investments.

GOBankingRates

Data quality at risk as federal workforce shrinks, says top economist

Investing in reliable data and the people who collect it is a foundation for smart decisions, according to Moody's Mark Zandi.

Fortune

Elizabeth Warren Says Trump Firing BLS Chief 'Dangerous' For The Economy: 'If The Facts Don't Fit His Story, He'll Try To Erase Them'

Sen. Elizabeth Warren (D-Mass.) on Tuesday called President Donald Trump's decision to fire the head of the Bureau of Labor Statistics "dangerous," warning the move risks undermining faith in the government's jobs numbers after a weak July report.

Benzinga

Did DOGE contribute to the BLS jobs report that Trump hated? Economist Mark Zandi thinks so

Cuts to government jobs are contributing to downward employment revisions, says Zandi.

Fortune

Former Trump advisor criticizes Trump's timing on ousting America's data czar: 'Like firing the referee'

After a historic downward revision to jobs numbers, Trump fired the head of the BLS. But critics on both sides say the move won’t fix deeper problems with jobs data.

Fortune

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We Got This Covered

Trump’s latest firing just created a massive headache for whoever has to clean up the mess he’s leaving behind

The numbers you trust? Not anymore.

Benzinga

Trump Slams 'Rigged' Jobs Data After Firing BLS Chief, Mentions Two Possible Fed Chair Picks

Just days after firing Bureau of Labor Statistics Commissioner Erika McEntarfer, President Donald Trump reignited criticism of the agency, accusing it of publishing "rigged" employment data to favor Joe Biden during the 2024 election.

Reason

The 'Rigged' Jobs Data

Plus: AI reanimations of those who've died, Elizabeth Warren x Zohran Mamdani, and more...

Roll Call

Trump signals higher tariffs, defends firing of BLS chief in combative CNBC interview - Roll Call

A defiant President Trump defended his firing of a top government jobs monitor and said he would like to run again in 2028.

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news in one place.

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The Guardian - US

Trump threatens fleeing Texas Democrats with FBI as Greg Abbott calls for ‘consequences’ – live updates

Governor files emergency petition with state supreme court to remove representative Gene Wu from office

The Guardian - US

I was the US labor secretary. Trump’s latest firing undermines a key agency

The firing of Erika McEntarfer, head of the Bureau of Labor Statistics, destroys the credibility of essential information

The Guardian - US

Trump firing of statistics chief puts US data credibility at risk, experts warn

Erika McEntarfer’s exit could push US into category of countries found to have massaged economic data

Benzinga

Ray Dalio, David Sacks Say They Would Have Fired Labor Bureau Commissioner Trump Removed: Here's Why

Billionaire investor Ray Dalio has weighed in on President Donald Trump's decision to dismiss Bureau of Labor Statistics Commissioner Erika McEntarfer, following last week's sharp downward revision to U.S. jobs data.

Fortune

Trump's 'Queen of Hearts' moment with the BLS echoes Putin's purges and Orwell's omens

The Queen of Hearts would say “off with their heads!” every time she was disappointed. Trump says data he doesn’t like is “faked.”

Benzinga

Trump Is Playing With Inflation Data, People Say—Here's What We Know

Whispers of government manipulation are swirling after a quiet change in how inflation is measured.

We Got This Covered

‘Ought to grow up’: Donald Trump now being abandoned faster than his third wife after blaming numbers that don’t lie

He threw a tantrum because the numbers didn't match.

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