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Category Bureau of Labor Statistics

U.S. jobs market weaker than reported as BLS slashes 911,000 positions

U.S. jobs market weaker than reported as BLS slashes 911,000 positions

The Labor Department just admitted the U.S. economy didn’t create as many jobs as it told everyone it did. The Bureau of Labor Statistics (BLS)’s r...
Trump was ahead on rate cuts but Powell’s patience proved justified

Trump was ahead on rate cuts but Powell’s patience proved justified

President Trump told the Federal Reserve to cut interest rates five months ago. He said the job market was weaker than it looked and warned that ke...
Trump targets 'Doom and Gloom' economists

Trump targets 'Doom and Gloom' economists

In a post on his Truth social account, President Donald J. Trump called out economist Paul Krugman, calling him a deranged bum who spread fear, unc...
Billionaire Ray Dalio Calls for Overhaul of US Government Economic Data Estimates Amid BLS Controversy

Billionaire Ray Dalio Calls for Overhaul of US Government Economic Data Estimates Amid BLS Controversy

Bridgewater Associates founder Ray Dalio says the US government needs to rethink how it comes up with its economic data. Over the weekend, Presiden...
Trump’s trade war shakes up hiring decisions

Trump’s trade war shakes up hiring decisions

The United States added 147,000 jobs in June, blowing past forecasts as public schools went on a hiring spree while most other industries dragged. ...