Trump Continues Campaign to Discredit Job Data and Reject Unfavorable Numbers

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Source: Barron's
Trump Continues Campaign to Discredit Job Data and Reject Unfavorable Numbers
Photo: Barron's
TL;DR

President Trump claimed that the Bureau of Labor Statistics' jobs data was 'rigged' during a CNBC interview, citing recent revisions and firing of BLS officials, though experts say revisions are normal and no direct evidence of manipulation has been provided. The data revisions showed a slowdown in job growth, but markets responded calmly. Trump also discussed potential Fed nominees, excluding Scott Bessent.

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