Trump Dismisses BLS Director Amid Federal Reserve Resignation Concerns

President Trump claims manipulated employment data led to the firing of Labor Statistics Chief Erika McEntarfer, with only 73,000 new jobs reported for July.

Summary

On August 4, President Trump announced the firing of Labor Statistics Chief Erika McEntarfer, citing manipulated employment data after the July jobs report showed only 73,000 new jobs and a revision of 258,000 fewer jobs than previously reported. William Wiatrowski has been appointed as the acting chief, raising concerns about the credibility of U.S. economic data.

Terms & Concepts
  • Bureau of Labor Statistics (BLS): A U.S. government agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
  • non-farm payrolls report: A monthly report that measures the number of jobs added or lost in the U.S. economy, excluding farm workers and a few other job categories.