Trump Fires Bureau of Labor Statistics Commissioner, Raising Concerns About Economic Data Quality
UNITED STATES, AUG 1 – Trump fired the Bureau of Labor Statistics commissioner after a jobs report showed only 73,000 jobs added, raising bipartisan concerns over government data reliability.
- Last Friday, U.S. President Donald Trump demanded the firing of BLS Commissioner Erika McEntarfer after a report showed only 73,000 new jobs, accusing her of manipulating data.
- In defending his demand, Trump accused her of manipulating data, saying he believed the report’s numbers were “phony” and that McEntarfer released favorable jobs data before the election.
- Krugman, Nobel Prize–winning economist, warned that `I don't think they're going to be producing fake numbers by next month, but they might be, and it's certainly where Trump wants them to go`, risking a return to 'banana republic territory.'
- Across party lines, Senate Republicans warned the move was impetuous without confirming data accuracy, with Schumer, D-N.Y., criticizing Trump’s actions on Friday.
- Critics point out, Harvard economist Jason Furman warned that falsifying data risks a crisis, citing past cases in Argentina and Greece where fabricated statistics fueled crises.
29 Articles
29 Articles
After a bad report on employment figures, Donald Trump asked Friday for the dismissal of the head of the country's main economic statistics agency.
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President Donald Trump’s firing of the Commissioner of the Bureau of Labor Statistics (BLS) on Friday afternoon just after she delivered a negative jobs report echoes the impulse of many leaders to shoot the messenger. Trump declared, “I’ve had issues with the numbers for a long time. We’re doing so well. I believe the numbers were phony like they were before the election and there were other times. So I fired her, and I did the right thing.” [t…
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