News

Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...
Government Executive4h
‘The neutrality of the agency has been eliminated’: Stats-based feds decry BLS chief’s firing
Employees express concern Trump's firing of the commissioner, which followed a weak jobs report, will lead to future ...
Hawai‘i Public Radio3h
Hawaiʻi relies on all kinds of federal data. Is that information still trustworthy?
Hawaiʻi's data analysts say it's important to understand the state's dependence on national statistics amid growing concerns ...
'On the precipice of recession': A top economist warns that not even the Fed may be able to rescue the US from a downturn
Mark Zandi says the US economy is teetering at the edge of a recession as tariffs and immigration policy weigh on growth.
The Labor Market Confirms That the Fed Has Made a Policy Error
As weak as the headline figures appear, it was the fine print that confirmed the Fed’s policy error. The government revised ...
The Bureau of Labor Denial
It isn’t easy being an economic adviser to President Trump.