The Department of Labor's watchdog is investigating the Bureau of Labor Statistics over its data reporting methods, amidst shocking downward revisions in job growth estimates and rising inflation concerns. What does this mean for the economy?
The Labor Department's watchdog has opened an investigation into the Bureau of Labor Statistics amid claims of unreliable jobs and inflation data. With recent major revisions raising eyebrows, the probe aims to uncover the challenges faced in data collection.
In a surprising turn, US wholesale inflation fell for the first time in four months, bolstering speculation that the Federal Reserve may soon cut interest rates. The producer price index dropped 0.1%, with previous months' figures also revised down.
The latest jobs report reveals a significant slowdown in hiring, with only 22,000 jobs added in August. This raises concerns about a potential recession and the implications for interest rates as Trump dismisses the BLS Commissioner.
Job openings have fallen to levels not seen since the pandemic, raising alarms about the labor market's health. With only 7.18 million listings in July, experts warn of a significant slowdown. What does this mean for job seekers?
President Trump's recent dismissal of the BLS head raises concerns about the integrity of U.S. economic data. Critics fear this could lead to manipulation of crucial statistics, reminiscent of past economic crises in Greece and Argentina.
In a controversial move, President Trump's nominee for the Bureau of Labor Statistics suggests suspending monthly jobs reports, raising concerns among businesses and policymakers about tracking the economy.
New inflation data reveals a significant rise in core inflation, indicating that U.S. businesses may soon pass on tariff-related costs to consumers. Will this lead to higher prices in everyday goods?
In a surprising turn of events, Trump has nominated EJ Antoni, a known critic of the Bureau of Labor Statistics, to lead the agency following the recent dismissal of its head. This controversial choice raises questions about the future of labor statistics in the U.S.
President Trump has nominated economist E.J. Antoni to head the Bureau of Labor Statistics after firing the previous commissioner. Critics worry about the implications for economic data reliability and independence.
