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Labor and inflation statistics from alternative sources: Here's what to know
CNBC Television· 2025-10-31 11:41
The government shutdown is now 31 days old and there has been very little economic data coming from the government during that period. But there are some alternative sources that are providing labor and inflation statistics. For that we get to our senior economics reporter Steve Leeman.He's been searching for data high and low and he's come up with some pretty interesting things. Good morning Steve. >> Hey, good morning Becca.Yeah, we're able to put together a preliminary estimate of jobless claims. I'll ex ...
Trump defends firing his head of labor statistics hours after weak jobs report
NBC News· 2025-08-01 23:19
Data Integrity Concerns - The report expresses concerns about the accuracy of presented data, suggesting potential manipulation [1] - The report highlights a correction of almost 900,000 (900 thousand) after an election, raising questions about data reliability [2] - The report mentions a figure of 253,000 (253 thousand) in relation to data discrepancies [2] Personnel Actions - The report indicates the termination of a government official due to dissatisfaction with presented data [1] Political Implications - The report suggests a perception that certain data favored a particular political party (Democrats) before corrections [2] - The report implies a potential chilling effect on government officials presenting unfavorable data [1]
X @Bloomberg
Bloomberg· 2025-08-01 18:24
Personnel Change - The report indicates that Trump ordered the firing of Erika McEntarfer [1] - The reason for the firing was the accusation that the labor statistics commissioner manipulated jobs data [1]