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The Latest Breaking News from the Bureau of Labor Statistics

Former Labor Bureau Chief Says 910,000 March Payroll Revision 'Unusually Big,' But Still 'Normal Procedure'

Former Bureau of Labor Statistics Commissioner Erica Groshen defended the agency's recent payroll revision that shaved 910,000 jobs off its March estimate, describing it as “unusually big” but well within the bounds of standard practices at the bureau.

Benzinga

September Fed Meeting: Updates and Commentary

The September Fed meeting is a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. will do about interest rates.

Kiplinger

Inflation spiked in August as Trump’s tariffs went into full effect ... and that’s not all the bad news for economy

Increases in the costs of food, shelter and energy caused inflation to spike and increase the likelihood of an interest rate cut

The Independent UK

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Million Missing Jobs Clearly Shows AI Is 'Automating Away Tech Jobs,' Amid 'Stagflation' Worries, Warn Economists

A preliminary revision from the Bureau of Labor Statistics (BLS) has erased 911,000 previously reported U.S. jobs, sending shockwaves through economic circles and cementing expectations for a Federal Reserve interest rate cut next week.

Benzinga

Trump Slams Fed After Historic Jobs Revision—Is It 'Too Late' To Fix It?

The stunning 911,000-job downward revision from the Bureau of Labor Statistics has prompted President Donald Trump to once again slam the Federal Reserve as dangerously behind the curve—questioning whether it's already too late to fix the damage.

Benzinga

Wall Street Rebounds After Jobs Revision Shock, UnitedHealth Rallies: What's Moving Markets Tuesday?

Investors were initially caught off guard Tuesday by a sweeping revision to U.S. employment data, after the Bureau of Labor Statistics removed 911,000 nonfarm payroll jobs from its count between April 2024 and March 2025, indicating the labor market had been cooling far earlier than many on Wall Street had…

Benzinga

Trump's fury at Jerome Powell for being 'too late' to cut rates just got extra juice from another shocking jobs number

The U.S. economy created 911,000 fewer jobs than initially thought from March 2024 to March 2025, the Bureau of Labor Statistics revealed.

Fortune

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Trump's Billionaire Backer Turns Critic — Ken Griffin Warns President's Fed Meddling Won't End Well

GOP Megadonor Ken Griffin, who voted for Donald Trump in the 2024 presidential election, has publicly criticized the "risky game," the president is playing by getting involved with the Federal Reserve.

Benzinga

‘Turns out firing the ref doesn’t change the score’: Job growth slows to a 16-year low under Donald Trump

More bad news, maybe Trump will fire them too.

We Got This Covered

Revisions and rising unemployment: what to know about the US jobs report

August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned

The Guardian - US

Here’s Mark Cuban’s Top Piece of Advice for Young Professionals

Here is the top piece of advice Cuban gives to young professionals.

GOBankingRates

US jobs growth worse than expected in first report since Trump fired agency head, for bad jobs report

The August jobs report is the first since President Donald Trump fired the non-partisan Bureau of Labor Statistics commissioner Erika McEntarfer

The Independent UK

ADP says job growth was ‘whipsawed’ in August, with rare warning on AI and consumer jitters

It’s an ominous sign ahead of Friday’s release of jobs data from the Bureau of Labor Statistics.

Fortune

8 Unexpected Remote Work Scams That Appear Legit (But Aren’t)

Working from home offers unparalleled flexibility and convenience. Since the COVID-19 pandemic, the number of work-from-home jobs has continued to grow. In 2023, about 13.8% of U.S. workers typically worked from home, according to Census.gov. The Bureau of Labor Statistics also found that in August 2023, roughly 19.5% of workers teleworked.…

Beating Broke

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The Guardian - US

Why Trump’s firing of the US jobs chief has economists worried

Economists warn credibility of Bureau of Labor Statistics at risk after Trump ousts commissioner over job numbers

The Conversation

In a post-truth world, what happens if we can’t trust US economic data any more?

We may already live in the post-truth world, but are we about to enter the era of post-truth statistics?

GOBankingRates

Stop Buying These 3 Grocery Items — Prices Are at a 3-Year High

Prices for these 3 grocery items have hit a 3-year high—find out which ones to avoid and how to shop smarter without sacrificing your essentials.

The Independent UK

Account tied to Trump nominee posted conspiracy theories about Epstein, the 2020 election and Covid, report says

Erwin Antoni, the president’s pick to take over the Bureau of Labor Statistics, serves as the chief economist for The Heritage Foundation and contributed to Project 2025

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Benzinga

Trump's New BLS Pick Could Lead To 'Higher Tax Bills' For Americans, Warns Experts—'Workers May Not Feel The Ebb And Flow Of Monthly Data...'

The recent nomination of E.J. Antoni by President Donald Trump to head the Bureau of Labor Statistics (BLS) could potentially influence tax rates for Americans.

Al Jazeera

Trump nominee to lead labour statistics agency faces wave of criticism

Economists worry that EJ Antoni’s nomination is largely political in nature for a historically non-partisan role.

The Independent UK

Trump’s pick to head Bureau of Labor Statistics walks back his earlier plan to scrap monthly jobs reports

EJ Antoni first made the suggestion before Trump tapped him to lead the BLS

Benzinga

Trump's BLS Pick Calls For Suspension Of Monthly Jobs Report: Data 'Needs To Be Fixed Immediately'

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.

The Independent UK

Core inflation jumps as consumers face higher prices with Trump’s tariffs kicking in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Benzinga

Economists Call Trump's BLS Pick 'Completely Unqualified' For The Job: '...Does Not Have Any Relevant Expertise'

President Donald Trump's nomination of Dr. EJ Antoni to lead the Bureau of Labor Statistics (BLS) is facing swift and intense backlash from prominent economists, who are questioning his qualifications and citing a record that includes only one citation for his academic work.

International Business Times UK

EJ Antoni: From Fox Business Analyst to New Commissioner for the Bureau of Labor Statistics — Education, First Name, and Career Path

Trump taps economist E.J. Antoni for Bureau of Labor Statistics Commissioner role after Erika McEntarfer's removal, pending Senate approval.

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