Tue, 12 Aug 2025

Tue, 12 Aug 2025 Trump's pick to lead economic data agency floats ending monthly jobs report

EJ Antoni's comment raised new alarm about the future of an agency that tracks how the economy of the world's richest country is faring.

* Antoni argued in an interview with Fox News that the report is unreliable and proposed suspending its publication until it can be "corrected".
* The idea sparked alarm from economists, politicians, and analysts who rely on the BLS data to inform their decisions.
* Some criticized Antoni's own economic commentary as rife with basic mistakes, raising concerns about his qualifications for the role.
* Senator Bill Cassidy, a Republican, said he would meet with Antoni but emphasized the need for an accurate and unbiased commissioner.
* Top Democrat Patty Murray wrote that confirming Antoni would shred the integrity of the BLS data, which underpin the US economy.
* White House spokeswoman Karoline Leavitt stated that it is "the plan and the hope" to continue publishing monthly jobs reports but also criticized the agency's statistics.
  >>


Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025