According to a report by Coin World, economist E.J. Antoni, who was nominated by U.S. President Trump to be the head of the Bureau of Labor Statistics, has suggested pausing the highly anticipated monthly employment report, stating that its fundamental methods, economic models, and statistical assumptions have inherent flaws. Before Trump's nomination announcement on Monday, Antoni criticized the reliability of the data behind the monthly employment report in an interview, claiming it is often exaggerated and warning that it misleads key economic decision-makers from Washington to Wall Street. Antoni stated, "How are businesses supposed to plan when they don’t know how many job opportunities are added or lost in our economy, or how the Federal Reserve should implement monetary policy? This is a serious issue that needs to be addressed immediately. Until the issues are corrected, the Bureau of Labor Statistics should pause the release of the monthly employment report, but should continue to release more accurate albeit less timely quarterly data," he said, "The key decision-makers from Wall Street to Washington, D.C., rely on this data, and a lack of confidence in it can have far-reaching consequences."