Kevin Hassett, Director of the National Economic Council of the United States, does not wish to take on the leadership position of the Bureau of Labor Statistics despite weak employment data.

He assesses that the current economy is operating stably, despite the recent unfavorable employment report.

MAIN CONTENT

  • Kevin Hassett has no intention of leading the Bureau of Labor Statistics.

  • Current Director Erika McEntarfer was fired by President Trump due to weak employment data.

  • William Wiatrowski has been appointed as the acting Director of the Bureau of Labor Statistics.

Kevin Hassett explains why he does not want to be the Director of the Bureau of Labor Statistics?

Mr. Kevin Hassett assesses that the U.S. economy is in a phase of "favorable conditions," so it is unnecessary to directly lead the Bureau of Labor Statistics.

In fact, although the non-farm payroll report has poor results, he still believes that the overall economy operates stably, not putting pressure on him to take on this new position.

This assessment reflects his management experience and personal view on the state of the labor market as well as the current economic direction of the United States.

What happened to the previous Director of the Bureau of Labor Statistics?

Erika McEntarfer was the previous Director of the Bureau of Labor Statistics but was fired by President Trump after weak non-farm payroll data was released.

This decision shows sensitivity in managing senior personnel based on important economic data reflecting the stability or instability of the labor market.

Firing McEntarfer is seen as a move to reinforce the management apparatus to meet expectations regarding the quality and accuracy of employment data.

Who replaces the current Director of the Bureau of Labor Statistics?

William Wiatrowski has been appointed as the acting Director of the Bureau of Labor Statistics after Ms. Erika McEntarfer was fired.

Wiatrowski's appointment is seen as stabilizing as he becomes the temporary operator of the statistical machinery during the transition period.

The acting Director will be responsible for ensuring that the Bureau of Labor Statistics continues to operate smoothly and transparently in releasing labor data.

Mr. Kevin Hassett stated: "I have no plans to lead the Bureau of Labor Statistics as the economy is operating very smoothly."

Kevin Hassett, Director of the National Economic Council of the United States, August 3, 2023

Frequently asked questions

Who is Kevin Hassett and what is his role in the U.S. government?

He is the Director of the National Economic Council, specializing in economic policy advice to the President of the United States.

Why did the President of the United States fire the Director of the Bureau of Labor Statistics?

The reason is the weak employment figures, which affect the credibility and effectiveness of the Director's work.

Who is currently holding the position of acting Director of the Bureau of Labor Statistics?

Currently, it is William Wiatrowski, who has been appointed temporarily to ensure continuity in management.

Do weak employment figures have a significant impact on the economy?

Weak figures may raise concerns, but leadership believes that the overall economy remains stable.

What duties does the acting Director of the Bureau of Labor Statistics have?

Overseeing the statistical machinery, ensuring the accurate and timely release of labor data.

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