The Latest Breaking News from Jobs Report

E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics and an architect of the Heritage Foundation’s Project 2025, suggested the agency should suspend monthly jobs reports in a Tuesday television appearance.

"It’s a serious problem that needs to be fixed immediately," E.J. Antoni told Fox Business, adding that he may switch to a quarterly report.

President Donald Trump's reaction to the latest jobs report, which showed a significant slowdown in hiring, has been met with sharp criticism from Nobel Prize-winning economist Paul Krugman.

The recent jobs report has raised eyebrows at the Federal Reserve, with Governor Lisa Cook voicing her worries about what it could mean for the U.S. economy.

After a historic downward revision to jobs numbers, Trump fired the head of the BLS. But critics on both sides say the move won’t fix deeper problems with jobs data.

Volatility returned to the markets in a significant way last week, as major indices posted their most substantial losses since April, following a mixed batch of earnings and a disappointing jobs report that included three months of downward revisions.

The president axed chief labor statistician Erika McEntarfer after a dismal July jobs report

President Donald Trump has dismissed Erika McEntarfer, the head of the Bureau of Labor Statistics (BLS), following the release of a weaker-than-expected July jobs report. The move has drawn national attention due to its timing, coming amid both economic uncertainty and ongoing discussions about the Federal Reserve’s interest rate policy.

U.S. stock futures are up on Monday after ending Friday deep in the red, following a disappointing jobs report by the Bureau of Labor Statistics.