Trump chooses experienced economist Brett Matsumoto as the new commissioner of BLS.
President Trump intends to nominate economist Brett Matsumoto to lead the Bureau of Labor Statistics, according to sources familiar with the situation. This selection is notable as it brings in the first career official for the position since the previous director was dismissed on August 1, following discontent over negative job market statistics. Matsumoto has […]
Former BLS chief speaks out for the first time after being dismissed by Trump over remarks on the jobs report
Erica Mantelfer, who previously served as the commissioner of the Bureau of Labor Statistics (BLS), recently resumed public engagements following her dismissal by President Trump last month. During a talk at the Levy Economics Institute at Bard College, her alma mater, she shared her reflections on her firing and its potential financial implications. Reports suggested […]
Audit by Labor Department inspector general addresses issues with BLS data
The Big Money Show panel discusses a significant downward adjustment in US employment figures. This Wednesday, the Labor Bureau’s internal watchdog, the Labor Statistics Bureau (BLS), is facing scrutiny regarding its data collection methods for inflation and labor reports. The Inspector General’s office has notified BLS Chairman William Wiertrowsky that they are “initiating a review […]
Oversight agency looking into BLS data gathering practices
Review of BLS Economic Data Compilation Underway The Labor Bureau’s internal watchdog is starting to evaluate how the Labor Statistics Bureau (BLS) compiles its economic data. A letter from Labor Bureau aide Laura Nicolosi, sent on Wednesday, indicated that the review will focus on the monthly consumer price index (CPI), producer price index (PPI), and […]
Labor Department Inspector General to Look into BLS Employment and Inflation Figures Following Years of Changes
Department of Labor Survey on Employment Data Collection On Wednesday, the Department of Labor’s (DOL) Office of Inspector General (OIG) released a survey examining how employment, inflation, and other data are gathered by the Bureau of Labor Statistics (BLS). The Trump administration has pointed to a recent downward revision of BLS employment data, arguing that […]
Labor Department oversight examining issues with BLS data gathering
Labor Bureau Faces Challenges in Economic Data Collection On Wednesday, the inspector’s office of the Labor Bureau started evaluating the difficulties encountered by the Labor Statistics Bureau. This comes in light of significant downward revisions to both non-farm payroll and inflation data collection methods. Laura Nikolos, who assists with the audit, communicated with BLS Commissioner […]
Revisions from the BLS confirm Trump was correct
Major Job Count Revision by BLS The Bureau of Labor Statistics (BLS) has made significant revisions to its employment figures, marking the largest adjustment ever recorded. They now report that from April 2024 to March 2025, 911,000 jobs were created. The White House asserts that this revision supports President Donald Trump’s viewpoint. The administration contends […]
Labor Department to release its initial jobs report following Trump’s dismissal of the BLS head
The Bureau of Labor Statistics (BLS) is set to release its first employment report this Friday. This comes after President Trump dismissed his BLS chief following disappointing job figures in July. Economists are forecasting weaker labor market conditions for August, which might provoke further criticism and backlash from Trump. “The August employment report is likely […]
Trump surprises Wall Street and Washington with a contentious nominee for the BLS.
President Trump’s recent nomination of Eji Antoni to head the Bureau of Labor Statistics (BLS) is drawing attention, especially as it marks a departure from previous appointments, prompting scrutiny among economists. Traditionally, BLS commissioners have been seasoned academics or long-time civil servants with extensive backgrounds in economics and statistics. In contrast, Antoni is a known […]
Alfredo Ortiz: Trump Made the Correct Choice by Selecting E.J. Antoni to Take Over from the Biden-Appointed BLS Head
Antoni’s Role in Revamping Labor Statistics EJ Antoni has been tapped as a potential game-changer for the Bureau of Labor Statistics (BLS). As the Chief Economist at the Heritage Foundation, he’s well-positioned to clarify the data that policymakers, investors, journalists, and informed citizens depend on to navigate the complexities of the economy. However, in recent […]