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Bureau of Labor Statistics, jobs and Trump

CNN on MSN · 2h

Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works

President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” Yet revisions by the BLS were neither historic nor evidence of corruption.

Trump calls jobs report "rigged" after firing labor statistics chief

President Trump called the July jobs report "rigged" in a social media post on Monday morning, continuing to defend his firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday. CBS News' Natalie Brand has more details from the White House.

Trump Orders Firing of Top Official After Job Report Shows Weak Hiring

The U.S. economy added 73,000 jobs in July, which is fewer than expected, as the unemployment rate increased to 4.2%.

Fed, Jobs and rates

Brokerages retain September rate cut bets after soft jobs report

Traders are pricing in 58.5 bps in rate cuts by year-end, according to data compiled by LSEG. They are penciling in about a 77.7% chance of a 25-bps cut in September, according to the CME Group's FedWatch tool.

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 · 7h

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),

2hon 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 ...

5hon 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 ...

3hon MSN

Live updates: Global markets mostly gain after Trump’s tariffs and jobs report sent Wall Street tumbling

Global markets bounced back Monday after Wall Street's poor performance Friday following a weak jobs report and U.S.

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 ...

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 ...

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