According to BlockBeats, U.S. President Donald Trump is expected to announce a new head for the Bureau of Labor Statistics within the next three to four days. This decision follows his directive to dismiss the current head of the bureau, Erika McEntarfer, after unsubstantiated allegations that the disappointing employment data was 'manipulated.' The bureau confirmed McEntarfer's dismissal and stated that her deputy, William Wiatrowski, will serve as acting director.
The announcement comes on the heels of the July employment report, released earlier on Friday, which revealed a modest increase of only 73,000 jobs last month. Additionally, the Bureau of Labor Statistics revealed significant revisions to previous data, indicating that the total jobs were overestimated by 258,000. This adjustment marks the second-largest downward revision recorded in two months, surpassed only by corrections made during the pandemic period.