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Reply to "Trump fires commissioner of labor statistics to be fired after weak jobs figures"
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[quote=Anonymous]Trump Isn’t Even Trying to Make His BLS Overhaul Make Sense https://www.nationalreview.com/corner/trump-isnt-even-trying-to-make-his-bls-overhaul-make-sense/amp/ “It’s a highly political situation,” the president said of the Bureau of Labor Statistics during a Tuesday morning interview with CNBC. “It’s totally rigged. Smart people know it. People with common sense know it.” It isn’t just that “the numbers were rigged,” Trump insisted, leading him to sack his BLS commissioner. The bureau also “announced these phenomenal numbers before the election,” he added. The president must have assumed that no one would check his work. It’s a highly political situation,” the president said of the Bureau of Labor Statistics during a Tuesday morning interview with CNBC. “It’s totally rigged. Smart people know it. People with common sense know it.” It isn’t just that “the numbers were rigged,” Trump insisted, leading him to sack his BLS commissioner. The bureau also “announced these phenomenal numbers before the election,” he added. The president must have assumed that no one would check his work. In March 2024, the BLS revealed that, through timely and transparent revisions to its survey data, it had overestimated payroll growth over the previous year by 818,000 jobs. “Total nonfarm payroll employment was essentially unchanged in October (+12,000),” the BLS reported just four days before Election Day, “following an average monthly gain of 194,000 over the prior 12 months.” These are not “phenomenal numbers,” even if they were revised upward the following month. [/quote]
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