Donald Trump’s abandonment of honest economic statistics highlights what’s been true for a while: The way we measure economic activity has long been inadequate for modern political challenges.

The statistical agency has lacked a leader since Trump fired its commissioner over a weak jobs report in August.

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E.J. Antoni, Heritage Foundation economist, has been nominated by President Trump as the next Bureau of Labor Statistics commissioner. The BLS nomination has sparked debate over data accuracy, agency ...

JOBLESS CLAIMS AT LOW: First-time unemployment claims in Florida were at the lowest level in nearly seven months in the week ended Sept. 20. The US Department of Labor estimated 5,590 claims were file...

(Reuters) -The number of Americans filing new applications for jobless benefits rose by the most in about three months last week in an initial signal that layoffs may be picking up and adding to signs the labor market is weakening. Initial claims for state unemployment benefits climbed 11,000 - the largest increase since late May - to a seasonally adjusted 235,000 for the week ended August 16, the Labor Department said on Thursday. Economists polled by Reuters had forecast 225,000 claims for the latest week. The labor market had split into low firings and tepid hiring as businesses navigate President Donald Trump’s protectionist trade policy, which has raised the nation’s average import duty to its highest in a century. Employment gains averaged 35,000 jobs per month over the last three months, the government reported in early August. Domestic demand grew in the second quarter at its slowest pace since the fourth quarter of 2022. The number of people receiving benefits after an initial week of aid, a proxy for hiring, rose 30,000 to a seasonally adjusted 1.972 million - the highest since November 2021 - during the week ending August 9, the claims report showed. The elevated so-called continuing claims align with consumers’ rising perceptions that jobs are hard to find. Economists said the continuing claims trend was consistent with the unemployment rate rising to 4.3% in August from 4.2% in July. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Erika McEntarfer Fired by Trump Amid Jobs Report Fallout Writing Time: August 2, 2025, 18:00 U.S. Eastern Time Erika McEntarfer,

The assessment would follow President Trump’s firing of the head of the Bureau of Labor Statistics.

Some fear a decline in the world-leading economic statistics underpinning U.S. markets

In an unprecedented move, Donald Trump just fired the Commissioner of the Bureau of Labor Statistics (BLS)—the trusted agency responsible for America’s job numbers.