Trump's nominee for BLS director has suggested suspending the monthly jobs report
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最新报道：According to Fox Business, economist E.J. Antoni, nominated by President Trump to head the Bureau of Labor Statistics, has suggested suspending the agency's closely watched monthly jobs report, citing fundamental flaws in its underlying methodology, economic models, and statistical assumptions. In an interview before Trump's nomination was announced on Monday, Antoni criticized the data behind the monthly jobs report as unreliable and often exaggerated, warning that it misled key economic decision-makers from Washington to Wall Street. "How exactly are businesses supposed to plan, or how is the Federal Reserve supposed to conduct monetary policy, when they don't know how many jobs are being added or lost in our economy? This is a serious problem that needs to be addressed immediately," Antoni said. "Until the problem is corrected, the Bureau of Labor Statistics should suspend the monthly jobs report but continue to publish the more accurate, but less timely, quarterly data." He said, "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."
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