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Trump fires labor statistics boss hours after the release of weak jobs report

Without evidence, Trump called the data "rigged" and implied that BLS Commissioner Erika McEntarfer manipulated the numbers "for political purposes."

The Wall Street Journal · 8h

Trump Orders Firing of Bureau of Labor Statistics Chief After Weak Jobs Report

President Trump said he directed his team to fire the top Bureau of Labor Statistics official after the bureau issued a weak jobs report on Friday. Trump in a social media post said Erika McEntarfer,

The Washington Post on MSN · 1d

Summer labor market is much weaker than previously reported

While tariffs, high interest rates, stubborn inflation and federal government cuts have yet to sink the labor market into turmoil, signs of underlying weakness are growing.

US jobs report falls below key benchmark

The Wall Street Journal · 12h

July Jobs Report Comes in Far Weaker Than Expected

Just 73,000 jobs were created last month, on a seasonally adjusted basis. + Economists polled by The Wall Street Journal had forecast that about 100,000 roles were added. Large [revisions for previous

MarketWatch · 1d

July jobs report: It’s a bad, terrible, not-so-good report. Here are the gory details.

Fed Chair Jerome Powell said the data will decide whether the central bank can cut rates in September. So all eyes are on the key July jobs report Friday, as the U.S. added only 73,000 jobs for the month and the unemployment rate rose to 4.

CNN · 1d

US jobs report falls below key benchmark in July

US job growth stalled in July, with just 73,000 jobs added, while May and June totals were revised down by a combined 258,000, according to new data from the Bureau of Labor Statistics.

US job growth slows sharply

MarketWatch on MSN · 2d

Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says.

The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next big bite of the apple arrives on Friday with the July employment report. Here’s what to expect.

Reuters · 1d

US job growth slows sharply in July; unemployment rate rises to 4.2%

U.S. job growth slowed more than expected in July while the prior month's data was revised sharply lower, pointing to a sharp moderation in the labor market.

Investopedia on MSN · 1d

U.S. Job Growth Slowed Sharply, Shifting The Fed's Rate Cut Calculus

Key Takeaways U.S. employers added 73,000 jobs in July, down from the prior month and lower than economists expected.The number of jobs added in May and June were revised sharply lower, showing that the labor market is far weaker than most believed.

Trump orders firing of statistics chief after weak jobs report and data revisions

The Bureau of Labor Statistics reported earlier on Friday that the US had added 73,000 jobs in July, far lower than expected.

20hon MSN

Trump fires BLS commissioner after weak jobs report and baseless claim of 'faked' stats

President Donald Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a new jobs report showed a ...

16hon MSN

Fed stands pat on rates, but jobs report signals it may regret It: This week in markets

After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.

23h

Trump dismisses Labor Dept. official following weak jobs report; markets drop on employment data and tariffs news

Trump announces new tariffs on countries that haven't made deals with U.S. as stock market dips. Bureau of Labor Statistics ...

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

1don MSN

A Weak Jobs Report and Revised Tariff Plans Send Markets Reeling

U.S. stocks and bond yields fall sharply on Friday, and investors are betting a Fed interest-rate cut is coming soon.

1don MSN

The Jobs Report Stunned. The Fed Has to Recalculate.

The weak report changes the math for a central bank that has been trying to wait out the data. Before Friday, traders saw ...

8hon MSN

The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says

“We have consistently emphasized that a slide in labor demand of this magnitude is a recession warning signal,” JPMorgan ...

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