Exclusive: BLS confirms massive staff exodus, validating fears that US economic data is flying blind

The Bureau of Labor Statistics (BLS) confirmed to Benzinga on Wednesday that it is grappling with a staffing crisis, ...
Seeking Alpha

Bureau of Labor Statistics reschedules 2024 consumer expenditures data with no reason

The U.S. Bureau of Labor Statistics (BLS) on Friday said it was delaying the release of its annual consumer expenditures survey for 2024. The agency did not provide an explanation for the change. The ...
RealClearPolitics

Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"

Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...
kcra.com

How the Bureau of Labor Statistics jobs report really works

President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a "scam," accusing one of the top overseers of government statistics of cooking the ...
Bloomberg L.P.

BLS Axes October CPI Report, Sets Dec. 18 for November Data

The Bureau of Labor Statistics canceled its October consumer price index report, saying it was unable to retroactively obtain some data that wasn’t collected during the US government shutdown. BLS ...
Reason

The Economy Doesn't Need Federal Jobs Data To Function

The delayed release of the BLS report has led to fearmongering about the economy's ability to function. Leila Fadel, host of NPR's Up First, said on Friday that "businesses and policymakers are flying ...
The New York Times

U.S. Is Trimming Back Its Collection of Consumer Price Data

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system. By Ben Casselman The Bureau of ...