Tag #Bls

Showing 1 to 12 of 45 results

us.cnn.com

🌐 85% Global Worthiness

Sep 17, 01:16

Trump's Firing of BLS Commissioner Sparks Concerns Over Economic Data Integrity

Following the release of a disappointing jobs report, President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer, raising concerns about political interference in economic data and its potential impact on economic stability.

Trump's Firing of BLS Commissioner Sparks Concerns Over Economic Data Integrity

Following the release of a disappointing jobs report, President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer, raising concerns about political interference in economic data and its potential impact on economic stability.

Progress

24% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the potential long-term implications of this event for the Bureau of Labor Statistics and the broader US economy?

The firing casts a shadow over the BLS's independence, potentially chilling future reporting and impacting the accuracy and timeliness of economic data. This could lead to decreased public trust in the data, hindering effective economic policy decisions and potentially exacerbating economic uncertainty. The long-term impact may include decreased response rates to BLS surveys, further compromising the reliability of economic indicators.

us.cnn.com

🌐 85% Global Worthiness

Sep 9, 10:16

US Jobs Data Faces Major Downward Revision, Sparking Controversy

The Bureau of Labor Statistics (BLS) will release a preliminary benchmark revision on Tuesday, potentially showing 475,000 to 900,000 fewer jobs added between April 2024 and March 2025, due to factors like overestimation of new firm job creation, declining survey response rates, and exclusion of und...

US Jobs Data Faces Major Downward Revision, Sparking Controversy

The Bureau of Labor Statistics (BLS) will release a preliminary benchmark revision on Tuesday, potentially showing 475,000 to 900,000 fewer jobs added between April 2024 and March 2025, due to factors like overestimation of new firm job creation, declining survey response rates, and exclusion of und...

Progress

24% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the main finding of the upcoming BLS benchmark revision, and what are its immediate implications?

The BLS will release a preliminary benchmark revision on Tuesday, potentially showing 475,000 to 900,000 fewer jobs added between April 2024 and March 2025. This could significantly alter the perception of job growth during this period, impacting economic policy decisions and public confidence.

npr.org

🌐 85% Global Worthiness

Sep 6, 01:20

Concerns Raised Regarding BLS Job Reports Amidst Political Pressure

Following a weak August jobs report and the recent firing of BLS Commissioner Erika McEntarfer, current BLS employees issued a statement affirming the reliability of government economic data and emphasizing the integrity of their work.

Concerns Raised Regarding BLS Job Reports Amidst Political Pressure

Following a weak August jobs report and the recent firing of BLS Commissioner Erika McEntarfer, current BLS employees issued a statement affirming the reliability of government economic data and emphasizing the integrity of their work.

Progress

24% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How does the BLS ensure the accuracy and transparency of its job reports, and how common are revisions to these reports?

The BLS employs a rigorous process involving surveys of businesses and government agencies. Data revisions, both upward and downward, are a normal part of the process to incorporate late-arriving information for a more precise representation. The BLS publishes its methods and sources to maintain transparency.

cnnespanol.cnn.com

🌐 85% Global Worthiness

Aug 19, 01:17

US President's Firing of BLS Head Sparks Global Economic Concerns

Following the release of disappointing US jobs data, President Trump fired the head of the Bureau of Labor Statistics, raising concerns about data manipulation despite the White House's claim that the data was not manipulated, prompting comparisons to past incidents in Greece and Argentina where fal...

US President's Firing of BLS Head Sparks Global Economic Concerns

Following the release of disappointing US jobs data, President Trump fired the head of the Bureau of Labor Statistics, raising concerns about data manipulation despite the White House's claim that the data was not manipulated, prompting comparisons to past incidents in Greece and Argentina where fal...

Progress

52% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the immediate consequences of the US President's action on global economic confidence and financial markets?

The US President's dismissal of the Bureau of Labor Statistics (BLS) commissioner following disappointing jobs data sparked concerns about potential data manipulation, despite no evidence of such actions. This raised global anxieties mirroring past instances in Greece and Argentina where falsified data negatively impacted investor confidence and economic stability.

theglobeandmail.com

🌐 85% Global Worthiness

Aug 12, 04:13

Trump Appoints New BLS Commissioner Amidst Data Reliability Concerns

President Trump appointed E.J. Antoni as the new Bureau of Labor Statistics commissioner on August 11, 2024, following the firing of Erika McEntarfer due to concerns about weak job growth numbers; Antoni, from the Heritage Foundation, must now address declining survey response rates and data collect...

Trump Appoints New BLS Commissioner Amidst Data Reliability Concerns

President Trump appointed E.J. Antoni as the new Bureau of Labor Statistics commissioner on August 11, 2024, following the firing of Erika McEntarfer due to concerns about weak job growth numbers; Antoni, from the Heritage Foundation, must now address declining survey response rates and data collect...

Progress

60% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the immediate consequences of President Trump's appointment of E.J. Antoni as the new BLS commissioner?

President Trump appointed E.J. Antoni as the new Bureau of Labor Statistics (BLS) commissioner. This follows the firing of the previous commissioner, Erika McEntarfer, after a report showed weaker-than-expected job growth. Antoni's confirmation by the Senate is pending.

edition.cnn.com

🌐 85% Global Worthiness

Aug 12, 04:13

Trump Nominates Conservative Economist to Head Bureau of Labor Statistics

President Trump nominated E.J. Antoni, a conservative economist and frequent critic of the Bureau of Labor Statistics (BLS), to replace former commissioner Erika McEntarfer, who was fired after Trump accused her of manipulating data; this decision has raised concerns about the BLS's political neutra...

Trump Nominates Conservative Economist to Head Bureau of Labor Statistics

President Trump nominated E.J. Antoni, a conservative economist and frequent critic of the Bureau of Labor Statistics (BLS), to replace former commissioner Erika McEntarfer, who was fired after Trump accused her of manipulating data; this decision has raised concerns about the BLS's political neutra...

Progress

56% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How might Antoni's appointment impact the Bureau of Labor Statistics' data collection methods and the reliability of its economic reports?

Antoni's appointment, following the controversial dismissal of McEntarfer, raises concerns about the BLS's political neutrality. Antoni's past criticism of the BLS and his association with conservative think tanks suggest a potential shift in the agency's approach to data collection and reporting. This could significantly impact economic policy decisions.

edition.cnn.com

🌐 85% Global Worthiness

Sep 9, 13:20

Major Downward Revision Expected in US Jobs Data

The Bureau of Labor Statistics (BLS) will release preliminary data on Tuesday showing a potential downward revision of 475,000 to 900,000 jobs added between April 2024 and March 2025, primarily due to overestimation of new business job creation, declining survey response rates, and exclusion of undo...

Major Downward Revision Expected in US Jobs Data

The Bureau of Labor Statistics (BLS) will release preliminary data on Tuesday showing a potential downward revision of 475,000 to 900,000 jobs added between April 2024 and March 2025, primarily due to overestimation of new business job creation, declining survey response rates, and exclusion of undo...

Progress

24% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the primary reason for the anticipated significant downward revision in US monthly jobs data?

The main cause is the BLS's birth-death model likely overestimating job creation by new businesses, a consequence of the post-pandemic surge in business formations. This is compounded by declining survey response rates, increasing sampling error, and the exclusion of undocumented workers from unemployment insurance data used for benchmarking.

cbsnews.com

🌐 85% Global Worthiness

Sep 9, 01:19

Upcoming Jobs Report Revision to Show Significant Hiring Slowdown

The Bureau of Labor Statistics (BLS) is expected to release a preliminary benchmark revision on September 9th, showing that the U.S. added hundreds of thousands fewer jobs than initially reported between April 2024 and March 2025, potentially impacting the Federal Reserve's upcoming interest rate de...

Upcoming Jobs Report Revision to Show Significant Hiring Slowdown

The Bureau of Labor Statistics (BLS) is expected to release a preliminary benchmark revision on September 9th, showing that the U.S. added hundreds of thousands fewer jobs than initially reported between April 2024 and March 2025, potentially impacting the Federal Reserve's upcoming interest rate de...

Progress

28% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How might this revision influence the Federal Reserve's decision on interest rate cuts?

The downward revision, coupled with recent slow job growth (29,000 jobs per month from June to August), increases the likelihood of a Federal Reserve interest rate cut at its September 17th meeting. Economists predict a rate cut, with some anticipating a larger-than-usual decrease.

cnnespanol.cnn.com

🌐 75% Global Worthiness

Sep 6, 01:19

US Job Growth Slowdown: Immigration Data Obscured

Friday's US jobs report, while showing overall employment growth, leaves key questions unanswered due to limitations in capturing the impact of shifting immigration patterns on employment numbers.

US Job Growth Slowdown: Immigration Data Obscured

Friday's US jobs report, while showing overall employment growth, leaves key questions unanswered due to limitations in capturing the impact of shifting immigration patterns on employment numbers.

Progress

28% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How has the administration commented on the relationship between immigration and job growth?

White House National Economic Council Director Kevin Hassett attributed the weak job growth to changes in immigration dynamics, claiming all new hires were US-born, unlike previous years when a significant portion were foreign-born. However, this assertion lacks substantiation and contradicts BLS data.

nbcnews.com

🌐 85% Global Worthiness

Aug 14, 04:16

Trump Nominee for BLS Seen Near Capitol During January 6th Attack

President Trump's nominee for the Bureau of Labor Statistics, E.J. Antoni, was near the Capitol during the January 6th, 2021 attack; videos show him leaving the area as rioters entered the building, while the White House maintains he was a bystander attending meetings.

Trump Nominee for BLS Seen Near Capitol During January 6th Attack

President Trump's nominee for the Bureau of Labor Statistics, E.J. Antoni, was near the Capitol during the January 6th, 2021 attack; videos show him leaving the area as rioters entered the building, while the White House maintains he was a bystander attending meetings.

Progress

48% Bias Score

ShareSaveArticle

Peace, Justice, and Strong Institutions

12345678

Previous 1 of 8 Next

What is the significance of E.J. Antoni's presence near the Capitol building during the January 6th events, and how might this impact his confirmation process for the BLS?

On January 6th, 2021, E.J. Antoni, President Trump's nominee to lead the Bureau of Labor Statistics (BLS), was present near the Capitol building during the events surrounding the attack. Video footage shows him leaving the area as rioters entered the Capitol; the White House claims he was a bystander attending meetings nearby.

cbsnews.com

🌐 85% Global Worthiness

Aug 12, 04:13

Trump Fires BLS Commissioner, Nominates Conservative Critic

President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer on August 1st, following a weaker-than-expected July jobs report, and nominated conservative economist E.J. Antoni to replace her, citing concerns about data accuracy and political interference.

Trump Fires BLS Commissioner, Nominates Conservative Critic

President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer on August 1st, following a weaker-than-expected July jobs report, and nominated conservative economist E.J. Antoni to replace her, citing concerns about data accuracy and political interference.

Progress

60% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the potential long-term implications of this personnel change for the integrity of U.S. economic data and the decision-making processes that rely on it?

Antoni's confirmation could significantly impact the future reliability of U.S. jobs data, potentially influencing economic policy decisions and public trust in government statistics. His past criticisms and statements suggest a shift toward a more politically-aligned data interpretation.

cnn.com

🌐 85% Global Worthiness

Aug 12, 01:17

Trump's Actions Compromise July CPI Data Reliability

The July Consumer Price Index (CPI) report, scheduled for release on Tuesday, is anticipated to show a 0.2% monthly increase and 2.8% annual increase, but its accuracy is compromised by President Trump's firing of the BLS Commissioner and subsequent budget cuts, leading to reduced data collection an...

Trump's Actions Compromise July CPI Data Reliability

The July Consumer Price Index (CPI) report, scheduled for release on Tuesday, is anticipated to show a 0.2% monthly increase and 2.8% annual increase, but its accuracy is compromised by President Trump's firing of the BLS Commissioner and subsequent budget cuts, leading to reduced data collection an...

Progress

40% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the immediate impact of the Trump administration's actions on the reliability and accuracy of the July CPI data?

President Trump's firing of the BLS Commissioner and subsequent budget cuts have compromised the accuracy and reliability of the July Consumer Price Index (CPI) data. The BLS reduced data collection in several areas, increasing reliance on estimations and potentially impacting the inflation gauge's accuracy. Economists predict a larger margin of error and expect revisions to the CPI data, similar to those seen in the jobs report.

Showing 1 to 12 of 45 results