Overview
- President Trump removed BLS Director Erika McEntarfer after the bureau reported just 73,000 new jobs in July and cut May–June gains by 258,000.
- National Economic Council Director Kevin Hassett defended the firing by pointing to the magnitude of the revisions as evidence of deliberate skewing.
- Bipartisan senators and leading economists say the move undermines the independence of the Bureau of Labor Statistics, a critical source for global markets and policy makers.
- Markets and analysts have warned that politicizing labor data could damage confidence in U.S. economic statistics and destabilize investment decisions.
- A successor to McEntarfer is expected to be named within days as the White House stands by its accusations against the agency’s methodology.