Trump's firing of statistics chief risks scaring off investors
The US President fired the director of the Bureau of Labor Statistics after the federal agency released its latest job creation figures on Friday, August 1. The decision "further threatens the central position of the United States in the global economy," laments the American press.
Are US employment figures worse than predicted? “Donald Trump sniffs out a deep state conspiracy,” writes The Wall Street Journal . On Friday, August 1 , the Bureau of Labor Statistics (BLS), the federal agency responsible for collecting employment data in the country, released its figures for the last three months. In total, only 106,000 new jobs were created during the period, which is “far fewer than previous estimates and insufficient to prevent a rise in unemployment,” regrets The Washington Post .
This is actually an update of the data from the previous BLS report, published a month earlier. The job creation figures for May and June, for example, have been revised significantly downward: 258,000 fewer than previously announced.
The results angered Donald Trump. “Today’s employment numbers were rigged to ridicule Republicans, and to ridicule ME,” he denounced on his Truth Social network. In response, the American president decided to fire the director of the Bureau of Labor Statistics, Erika McEntarfer.
The differences between the two BLS reports are significant. But this difference can be explained by a lack
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