President wants the head of the US Bureau of Labour Statistics sacked, says Fed chair Jerome Powell should be ‘put out to pasture’.
US President Donald Trump said on Friday he had ordered the commissioner of the US Bureau of Labour Statistics, Erika McEntarfer, fired, alleging data falsification, not long after July’s disappointing jobs numbers challenged his claim of a burgeoning American economy.
The latest BLS data, which had been released earlier on Friday, showed employment growth last month was anaemic, with a gain of merely 73,000 non-farm jobs, below market expectations of an increase of more than 100,000 jobs.