According to BlockBeats, White House senior economist Stephen Miran has suggested that a significant economic statistics agency requires a 'new perspective.' However, he did not echo U.S. President Donald Trump's claims of political manipulation regarding the recent employment data released on Friday. President Trump ordered the dismissal of the Bureau of Labor Statistics (BLS) director, Erika McEntarfer, after alleging without evidence that the disappointing employment figures were 'manipulated.' The BLS later confirmed McEntarfer's removal, with her deputy, William Wiatrowski, stepping in as acting director.
The employment report released earlier on Friday indicated that only 73,000 jobs were added in July. Additionally, the BLS announced significant data revisions, revealing that the total employment figures were 258,000 less than previously estimated. This marks the second-largest two-month downward revision on record, surpassed only by adjustments made during the pandemic.
President Trump had previously stated that the employment data was manipulated to embarrass him and the Republican Party, similar to events surrounding the 2024 presidential election.
