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Donald Trump, Bureau of Labor Statistics and jobs

ABC News on MSN · 1d

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 major slowdown of hiring in recent months. In a social media post, Trump volleyed sharp criticism and baseless accusations at Erika McEntarfer, a Biden appointee who was confirmed by the Senate in 2024.

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.

NBC News on MSN · 1d

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."

Weakening US jobs growth keeps Sep. rate cut in play

The New York Times · 2d

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 fragility.

The Financial Times · 2d

Weakening US jobs growth keeps September rate cut in play

The unemployment rate nudged up slightly to 4.2 per cent, in line with market expectations There were big downward revisions to jobs growth in May and June July’s payrolls report painted a picture of a labour market that is weakening,

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.

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 ...

2don MSN

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 ...

21hon 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 ...

1d

Weak Jobs Report Creates A Golden Buying Opportunity For These 3 Stocks

July’s weak jobs report sparked a sell-off and Fed cut hopes, but some stocks defied expectations. Read why this opens a ...

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