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The Latest Breaking News from Jobs Report

Trump’s pick to head Bureau of Labor Statistics walks back his earlier plan to scrap monthly jobs reports

EJ Antoni first made the suggestion before Trump tapped him to lead the BLS

The Independent UK

Trump's BLS Pick Calls For Suspension Of Monthly Jobs Report: Data 'Needs To Be Fixed Immediately'

E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics and an architect of the Heritage Foundation’s Project 2025, suggested the agency should suspend monthly jobs reports in a Tuesday television appearance.

Benzinga

Trump’s BLS appointee suggests suspending jobs report entirely until methods of data collection are ‘corrected’

"It’s a serious problem that needs to be fixed immediately," E.J. Antoni told Fox Business, adding that he may switch to a quarterly report.

Fortune

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Trump nominates Bureau of Statistics critic to lead agency after previous head fired over bleak report

The previous commissioner of the labor agency was fired after the president raged at a poor showing in the recent jobs report

The Independent UK

Dissenting Fed Vice Chair Urges Rate Cuts As Jobs Data Weakens, Inflation Nears Target — Still Sees 'Three Cuts' In 2025

Federal Reserve Vice Chair for Supervision Michelle Bowman, who dissented at last month’s Federal Open Market Committee (FOMC) meeting, reiterated her call for interest rate cuts, citing the weak jobs report early this month, and inflation nearing the Fed’s 2% target.

Benzinga

Apple Notches Best Week In Years, Trump Shakes Fed Leadership: This Week In Markets

After last week's declines, triggered by a weaker-than-expected jobs report and a June inflation uptick, Wall Street rebounded with strong gains as earnings momentum remained robust.

Benzinga

Unemployment Claims Rise–And That's A Problem For The Fed

After more than a month of steady declines in weekly jobless claims, the first signs of weakness are starting to emerge, as a rise in unemployment is once again drawing attention to the disappointing jobs report released last week.

Benzinga

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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

Fed Official Lisa Cook Flags 'Concerning' Jobs Report, Calls It 'Typical Of Turning Points' In US Economy

The recent jobs report has raised eyebrows at the Federal Reserve, with Governor Lisa Cook voicing her worries about what it could mean for the U.S. economy.

Benzinga

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

4 Stocks With Strong Earnings To Ride Out Market Volatility

Volatility returned to the markets in a significant way last week, as major indices posted their most substantial losses since April, following a mixed batch of earnings and a disappointing jobs report that included three months of downward revisions.

Benzinga

Former Obama adviser quips that Trump is ‘combing Fox News’ for new Labor Stats chief after firing

The president axed chief labor statistician Erika McEntarfer after a dismal July jobs report

The Independent UK

America’s Top Labor Board Official Just Gave Trump Everything He Needed to Pressure Fed Chair Powell To Lower Interest Rates — Then He Fired Her

President Donald Trump has dismissed Erika McEntarfer, the head of the Bureau of Labor Statistics (BLS), following the release of a weaker-than-expected July jobs report. The move has drawn national attention due to its timing, coming amid both economic uncertainty and ongoing discussions about the Federal Reserve’s interest rate policy.

Barchart

Stock Market Today: US Stocks Likely To Open Higher Despite Weak Jobs Report—Palantir, Vertex Pharma In Focus

U.S. stock futures are up on Monday after ending Friday deep in the red, following a disappointing jobs report by the Bureau of Labor Statistics.

Benzinga

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International Business Times

Asian Markets Fluctuate As Traders Weigh Tariffs, US Jobs

Asian markets flitted between gains and losses Monday as investors continued to digest last week's tariff blitz by Donald Trump and a US jobs report that fanned fears about the world's top economy.

Benzinga

Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

The July Jobs report by the Bureau of Labor Statistics, released on Friday, is raising concerns among economists, who warn that the latest data and sharp downward revisions point to a labor market that is losing momentum and potentially edging toward a recession.

Benzinga

Jim Cramer Has Blunt Message for Fed Chair Powell After July Job Numbers Tanked

In light of a disappointing jobs report released on Friday, Jim Cramer has urged the Federal Reserve to implement a cut in interest rates.

Benzinga

Hassett Backs Dismissal of BLS Chief, Says Trump's 'Own People' Would Bring More Transparent and Reliable Jobs Reports

Kevin Hassett, the White House economic adviser, has come forward in support of President Donald Trump‘s decision to terminate the Bureau of Labor Statistics (BLS) head after a disappointing jobs report was released.

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Benzinga

Nuclear Threats, Trump Fires Labor Statistics Chief, Fed Governor Resigns And More: This Week In Politics

The first weekend of August 2025 has been a whirlwind for Wall Street, marked by a series of unsettling events. From President Donald Trump’s threats of nuclear action against Russia to a weak U.S. jobs report and new sweeping tariffs, investors have had their nerves tested.

Fortune

The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says

"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."

Euronews

US president Donald Trump sacks jobs data chief after dismal employment report

Trump's move followed Friday's jobs report that showed just 73,000 jobs were added last month and that 258,000 fewer jobs were created in May and June than previously estimated.

Fortune

Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

“The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify cutting interest rates in the face of above-target inflation,” said Brian Rose at UBS Global Wealth Management.

Fortune

Trump orders firing of government labor data chief after jobs report stuns market with massive revisions to previous reports

July’s employment report showed that only 73,000 nonfarm payroll jobs were added to the U.S. economy, while revising the last two months down by 258,000 jobs.

Benzinga

What's Going On With Tesla Stock Today?

Tesla Inc (NASDAQ:TSLA) stock saw an early session dipm in line with broader market weakness following a surprisingly soft U.S. jobs report. Here’s what investors need to know.

Benzinga

Intel Stock Is Sliding Friday: What's Driving The Action?

Intel Corp (NASDAQ:INTC) shares are trading lower Friday morning, hit by a combination of recent, disappointing corporate guidance and a surprisingly weak U.S. jobs report that stoked fears of a broader economic slowdown.

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