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The Latest Breaking News from BLS

The labor market is balancing on a knife edge, and the factors weakening it aren’t going anywhere

The Federal Reserve faces rising labor market weakness as BLS revisions, JOLTS downturn, and AI job displacement fuel calls for FOMC rate cuts—but what underlying factors are shaping the data, and are they here to stay?

Fortune

US added just 22,000 jobs in August, continuing slowdown amid Trump tariffs

Latest report also contained more bad news – the US lost 13,000 jobs in June, according to latest survey

The Guardian - US

US employers likely added a modest 80,000 jobs last month, a sign that the labor market has cooled

When the Labor Department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her

The Independent UK

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ADP says job growth was ‘whipsawed’ in August, with rare warning on AI and consumer jitters

It’s an ominous sign ahead of Friday’s release of jobs data from the Bureau of Labor Statistics.

Fortune

Why Trump’s firing of the US jobs chief has economists worried

Economists warn credibility of Bureau of Labor Statistics at risk after Trump ousts commissioner over job numbers

The Guardian - US

Social Security COLA at Risk? How Tariffs and Turmoil Could Cut Increases

The countdown to next year’s Social Security Cost of Living Adjustment (COLA) has already begun, but this time the process is clouded with uncertainty. Recent...

Saving Advice

Trump aides scramble to defend tariffs after bombshell court ruling – and as crucial jobs report looms

Trump claims the tariffs generate revenue even as the economy has shown signs that they will increase prices for consumers

The Independent UK

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How Much the Average Middle-Class Retiree Spends Monthly at Age 65

Find out exactly how much the average middle-class 65 year old spends monthly.

GOBankingRates

In a post-truth world, what happens if we can’t trust US economic data any more?

We may already live in the post-truth world, but are we about to enter the era of post-truth statistics?

The Conversation

Millions of Gen Zers are jobless—and unemployment is mainly affecting men

Young men ages 20 to 24 have faced higher unemployment rates since the thick of the COVID-19 pandemic as Gen Z women funnel into AI-proof jobs like health care.

Fortune

How Much the Average Middle-Class Retiree Spends Monthly at Age 80

Retirees tend to spend less money the older that they get, on average. Here's a look at how much the average middle-class retiree spends monthly at age 80.

GOBankingRates

Solicitudes de ayuda por desempleo aumentan en EEUU, pero despidos siguen bajos

Una mayor cantidad de estadounidenses solicitaron ayuda por desempleo la semana pasada, pero los despidos en Estados Unidos se mantienen en el mismo intervalo históricamente saludable de los últimos años.

The Independent UK

Top Air Force Officer To Retire Early Amid Trump's Military Reshuffle—'Certainly Not His Choice'

Gen. David Allvin, the chief of staff of the Air Force, is set to retire two years ahead of schedule. This announcement, made on Monday, adds to the growing list of high-ranking military exits under Trump’s administration.

Benzinga

Tariffs Begin Taking a Bite out of the Economy

Tariffs are taxes, and we pay the price.

Reason

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GOBankingRates

Stop Buying These 3 Grocery Items — Prices Are at a 3-Year High

Prices for these 3 grocery items have hit a 3-year high—find out which ones to avoid and how to shop smarter without sacrificing your essentials.

The Independent UK

Account tied to Trump nominee posted conspiracy theories about Epstein, the 2020 election and Covid, report says

Erwin Antoni, the president’s pick to take over the Bureau of Labor Statistics, serves as the chief economist for The Heritage Foundation and contributed to Project 2025

Saving Advice

Economic Iceberg Hides Tariff Risk To Consumers

The U.S. economy may appear steady on the surface, with consumer spending strong and the stock market charging ahead. Yet beneath that optimism lurks a...

Benzinga

Trump's New BLS Pick Could Lead To 'Higher Tax Bills' For Americans, Warns Experts—'Workers May Not Feel The Ebb And Flow Of Monthly Data...'

The recent nomination of E.J. Antoni by President Donald Trump to head the Bureau of Labor Statistics (BLS) could potentially influence tax rates for Americans.

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news in one place.

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Fortune

Even if you can’t trust the data, these 13 warning signs will tell you the economy is in trouble

The telltale signs are rarely hidden.

GOBankingRates

How Much the Average Upper-Class Retiree Spends Monthly at Age 70

Here's a look at how much this demographic tends to spend in retirement, using data from the Bureau of Labor Statistics, Fidelity and other sources.

The Guardian - US

‘Hallmarks of authoritarianism’: Trump banks on loyalists as he wages war on truth

Former officials say firing of BLS commissioner emblematic of president’s battle against established facts and history

Benzinga

Anthony Scaramucci's Cryptic Warning: Trump Following Same Playbook As Iran's Fallen Shah?

Former White House communications director Anthony Scaramucci ignited a storm of speculation Wednesday after posting a pointed historical reference many saw as a jab at President Donald Trump.

Reason

Firing BLS Director Over Weak Jobs Report Is 'Banana Republic' Behavior

If a Democratic president tried to so directly politicize an independent agency, Republicans would be screaming about the coming tyranny.

Benzinga

Paul Krugman Warns Trump Data Suppression Could Spread From Jobs To Crime, Inflation: 'MAGA's Feelings Don't Care About Your Facts'

Economist Paul Krugman sees a dangerous sidelining of inconvenient facts by President Donald Trump, with growing efforts to replace official statistics with narratives that align with political goals.

Fortune

Bitcoin hits all-time high before diving 5% amid fears of inflation

Analysts anticipate the Fed to cut rates in September but wholesale prices rose much more than expected in July.

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