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Trump Fires BLS Head After Jobs Report

ABC News on MSN · 2d

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.

NBC News on MSN · 2d

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."

Fox Business · 5m

Bank of America's CEO responds to weak jobs report that spurred Trump firing of BLS chief

Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.

Wall Street, Fed and Jobs

The Associated Press on MSN · 2h

The Latest: Global Markets Mostly Gain After Trump Tariffs and Jobs Report Sent Wall Street Tumbling

Tokyo’s Nikkei 225 index lost 1.3%, bouncing back from bigger losses earlier in the day to finish at 40,290.70. The Hang Seng in Hong Kong jumped 0.9% to 24,733.45, while the Shanghai Composite index climbed nearly 0.7% to 3,583.31. In South Korea, the Kospi surged 0.9% to 3,147.75.

Wall Street Bets on Fed Rate Cuts After Rough Jobs Report

Friday's dismal jobs report sparked a brutal selloff in equities, but after a weekend cooling-off period, investors appear to now be looking on the bright side. Futures tracking the three blue-chip U.

InvestorsHub on MSN · 6h

U.S. Dollar Weakens Further as Traders Bet on Fed Rate Cut Following Jobs Miss

The dollar extended its retreat on Monday after a disappointing U.S. jobs report added fuel to speculation that the Federal Reserve may begin easing rates as early as next month. As of 04:20 ET (08:20 GMT),

4hon MSN

5 things to know for August 4: Jobs report, Texas redistricting, Montana bar shooting, Abortion, Covid-19

He fired Commissioner Erika McEntarfer on Friday, shortly after the release of a weaker-than-expected jobs report that showed ...

2d

July jobs report: It’s a bad, terrible, not-so-good report. Here are the gory details.

Fed Chair Jerome Powell said the data will decide whether the central bank can cut rates in September. So all eyes are on the ...

2d

July Jobs Report Comes in Far Weaker Than Expected

Just 73,000 jobs were created last month, on a seasonally adjusted basis. + Economists polled by The Wall Street Journal had ...

9hon MSN

Asian markets mostly gain after Wall St tumbles following poor US jobs report

Shares in Asia have mostly advanced after Wall Street had its worst day since May following the release of weak U.S. jobs ...

1hon MSN

US stocks open higher, regaining lost ground made on weak jobs report and new tariff rates

US stocks open up, recovering from weak jobs data and new tariff rates. Focus on Aug 7 tariff deadline, earnings and whether ...

3hon MSN

‘Trust America’ Trade Under Threat: Why the Jobs Report, BLS Firing, and Fed Resignation Sparked Market Jitters

A so-called “sell America” trade, which led in part to the weakest 7-month stretch for the dollar in five decades, developed ...

Axios Sneak Peek on MSN1d

U.S. jobs data "very unreliable," top Trump econ adviser says

The labor statistics chief that President Trump fired Friday is a "terrific person, but the jobs data her agency produced has ...

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