Trump fires labor chief over weak July jobs report missing expectations

On Friday, President Donald Trump criticized at the Bls Statistics Office and said he would shoot at the head of work statistics after the US economy added fewer jobs than expected in July, and major declining reviews were made in the previous two months, indicating that the economy and the labor market were weaker than previously believed.

The BLS reported on Friday that 74,000 jobs were added in July, much less than the estimates of 110,000 economists of Economists. The report also reviewed job growth in May and June down. May gains were reduced by only 125,000 to 19,000 jobs created, while June numbers were reviewed by 133,000 to 14,000 jobs only in that month.

According to BLS, it was the last time the review decreased more than 133,000 in March 2021, when it was revised to 146,000 years in the COVID epidemic.

Job growth in the United States was cooled in July, amid the increasing economic uncertainty

Trump has actually took on his social platform and wrote, “I have just reported that” our country’s job numbers “are produced by the appointed Biden, Dr. Erika McNtrifar, Commissioner for Labor Statistics, who fled the job numbers before the elections in almost 2024, then enhancing Kamala’s chances. 2024 the presidential elections, in August and September, by 112000.

“We need accurate job numbers. My team has ordered the dismissal of this political appoinent, Biden, immediately. It will be replaced by a more efficient and qualified person,” Trump continued.

The president wrote: “The important numbers must be such fair and accurate, and cannot be manipulated for political purposes.” “McNTarfer said that there are only 73,000 added jobs (shock!), But most importantly, there is a big mistake on their part, 258,000 jobs down, in the previous two months. Similar things occurred in the first part of the year, always to negativity.”

Washington, DC, June 21: The building of the US Department of Labor was seen in dusk on June 21, 2024 in Washington, DC. (J. David Ake / Getty Images / Getty Images)

“The economy flourishes in the shadow of” Trump “despite the federal reserve that also plays games, this time at interest rates, as they reduced them twice, and greatly, immediately before the presidential elections, I assume in the hope that” Kamal ” – how it was laid after it was too late” Powell “must be put after”. Thank you for your interest in this matter! “

The Federal Reserve’s favorite inflation scale shows that consumer prices rose again in June

In a sarcastic development, MCNTarfar was confirmed in the Senate in January 2024 with 86-8 voting. One of those who voted to confirm it was JD Vance.

The workforce participation rate was 62.2 %, after it changed slightly from one month – although it decreased by 0.5 percentage points last year.

US Vice President JD VANCE delivers a speech during the plenary session of the AI in Grand Palais in Paris, France, February 11, 2025. (Reuters)

The number of people who are considered unemployed in the long term, which is defined as unemployed for 27 weeks or more, has increased by 179,000 to 1.8 million. The unemployed in the long term constituted 24.9 % of all the unemployed in July.

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The workers who were part -time did not change for economic reasons in July, reaching 4.7 million. These workers preferred full -time jobs but they were part -time work because their hours had decreased, or they could not find full -time jobs.