The Bureau of Labor Statistics (BLS) releases reports that can shift global markets and influence Federal Reserve interest rate decisions, impacting personal finances across the U.S. The numbers in the BLS reports have a direct impact on retirement accounts, home values, and Social Security payments.On the first Friday of each month, the BLS publishes a jobs report, compiled by surveying …
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A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to a Goldman Sachs economist. Most …
Read More »Trump to Appoint New Top Labor Statistics Official Within Days The New York Times White House searches for a new BLS chief with ‘credibility’ and ‘experience’ NBC News Why Fed governor Adriana Kugler’s vacancy matters for Trump Axios Kugler resigning from Fed, opening door to Trump appointment Reuters Trump set to name replacements at the Fed and Bureau of Labor Statistics in coming days CNBC …
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Texas governor Greg Abbott on Monday ordered the department of public safety to arrest and return any House member who had left the state and “abandoned their duty to Texans”, as Democrats thwarted plans to redistrict the state along lines that would favour Republicans. “There are consequences for dereliction of duty,” Abbott said in a statement on Monday, after the …
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Friday’s disappointing July employment report delivered a reality check on the U.S. economy, with the data suggesting the job market is wobbling from the uncertainty of on-again, off-again tariffs. What was surprising about the Friday report was that employers not only hired fewer people than expected last month, but the government revised its jobs data sharply downward for the prior two …
Read More »Trump Live Updates: President to Name New Labor Statistics Official After Firing Predecessor The New York Times Trump set to name replacements at the Fed and Bureau of Labor Statistics in coming days CNBC Trump admin live updates: Trump says new Labor Statistics chief to be hired in ‘3, 4 days’ ABC News Donald Trump to appoint Federal Reserve governor and labour statistics …
Read More »Trump to Appoint New Top Labor Official Within Days The New York Times President to Name Labor Statistics Official in Days After Firing Last One The New York Times Trump admin live updates: Trump says new Labor Statistics chief to be hired in ‘3, 4 days’ ABC News Donald Trump to appoint Federal Reserve governor and labour statistics chief this week Financial Times Fed …
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Facebook Tweet Email Link President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam,” accusing one of the top overseers of government statistics of cooking the books in a vendetta against his presidency. “In my opinion, today’s Jobs Numbers were RIGGED in order to make the Republicans, and ME, look bad,” Trump …
Read More »Trump adviser defends labor official’s firing, deflects on how data was ‘rigged’ The Washington Post Trump Fired America’s Economic Data Collector. History Shows the Perils. The New York Times Opinion | The Bureau of Labor Denial The Wall Street Journal White House officials rush to defend Trump after shaky economic week The Guardian ‘The revisions are hard evidence’: White House struggles to justify firing …
Read More »NEW YORK (AP) — Boeing workers who build fighter jets are planning to go on strike Monday at midnight. About 3,200 workers at Boeing facilities in St. Louis; St. Charles, Missouri; and Mascoutah, Illinois, voted to reject a modified four-year labor agreement with Boeing, the International Association of Machinists and Aerospace Workers union said Sunday. “IAM District 837 members build …
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