3d ago

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

www.cnbc.com

President Donald Trump on Friday fired the Bureau of Labor Statistics commissioner, hours after the agency reported that job growth in the U.S. had slowed to a near-halt.

In a Truth Social post that also directed even more fire at Fed Chair Jerome Powell, Trump accused BLS Commissioner Erika McEntarfer of being a political appointee who was manipulating jobs data.

“I was just informed that our Country’s “Jobs Numbers” are being produced by a Biden Appointee, Dr. Erika McEntarfer, the Commissioner of Labor Statistics, who faked the Jobs Numbers before the Election to try and boost Kamala’s [Harris’] chances of Victory,” Trump wrote.

“We need accurate Jobs Numbers. I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY. She will be replaced with someone much more competent and qualified,” he added.

Economics @lemmy.world

cm0002 @lemmy.world

3d ago

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

www.cnbc.com /2025/08/01/trump-erika-mcentarfer-jobs-report-fired.html

Economics @lemmy.ml

bobalot @lemmy.world

3d ago

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

www.cnbc.com /2025/08/01/trump-erika-mcentarfer-jobs-report-fired.html

96 comments

Next week: there were 134 million new jobs
- 134 BILLION NEW JOBS!!!
  FTFY
  I mean, it's Trump. Do you really think he'd use a number that could be even remotely realistic? It has to be something truly stupid
  
  Fair, he did say he'd bring down the cost of drugs by 1000%. Chronic illnesses about to make BANK.
  
  I was thinking about a number greater than the population of the US, but decided on a number that was equally impossible yet somehow believable by maga.
  
  Thank you for your attention to this matter.
  
  Yeah, he would say, "1234 Billions New Jobs!"
  Easier to remember.
- Well they saved "258 million" people from fentanyl overdose in 100 days; finding half of them jobs in a week should be no problem.
  https://www.snopes.com/fact-check/pam-bondi-fentanyl-258m/
  
  2/3rds of Americans OD’d in 100 days?
  Where the fuck was I, someone must have been handing out the good shit for free.

Let me know when y’all want to march on Washington and physically remove these asshats from power. I can fit 4 other people in my truck.
- The thing is, we don't need you to march on Washington. We need you to march against your neighbor who's so full of OAN that they still support the asshat in chief.
  
  We can do both. Why not both?
  
  That's just it though. These folks seem IMPOSSIBLE to get through to. Though admittedly my experience may draw from some of the lead-alzheimer's cadre of boomers. I mean they spent fuckin decades making sure they had a poorly educated group that would VOTE, with the added bonus that so many of them were surreptitiously ending up brain damaged as well.
  I really wish I knew how to help these people. I've been compassionate, patient, understanding; and I've also brow beat the shit out of em, gotten in screaming matches (not too often, but they tend to respect a level of violence). And it tends to have little effect. It's the part of this that vexes and hurts me the most, and why I can't help but feel this will only be rectified with chilling violence that none of us want and are ill-suited to execute. Ugh.
  
  No! Ant poison works because the workers take the poison to the queen. The same cannot be said for this circumstance.
  
  We need both
- Maybe we help each other get elected to local positions in our communities and state. Only way we can truly make some difference. Anyone in Oklahoma area won't join the resistance?
  
  Assuming there are still elections this time, I’m definitely running for something in Maine

He wants people who will lie for him, like bondi, bongino, kash, hegseth, tulsi, etc.
He wants people who will lie, break the law, or support/hide/ignore illegal activities. He's a fucking mobster. Organized crime is at the executive branch. Arguably the judiciary and Senate as well.
Watching fascism play out in real time... What a time to be alive.
- So when this is all over. These enablers will go to jail right?
  
  Depends on timing. We’re in a small window between them showing their intent, and a first-for-humanity inability to organize against them. Once ORNL gets their nuke-powered AI up and running, and fed all the Palantir data and the decades of mass surveillance data the NSA has but hasn’t been able to use at scale, the regime will be able to have a constantly-updated list of the people most likely to instigate an uprising, and can just MLK them or blackmail them before their movement gets off the ground. All that will remain are easily-dealt-with and easily-discredited lone wolves.
  
  Which ones? The ones actively helping him, or the ones simply letting it happen?
  
  Whatever helps you sleep at night!
  
  I would like someone to create a website where we can list the enablers. All of them. Make a list. Start with Trump. Add everyone in his cabinet. Add all of his enablers, down to the people that voted for him.
  
  Why waste the space putting the crooks who willingly sold out the country on ice when there's a perfectly good gallows?
- That's how Putin got stuck in year 4 of the 3 day special military operations. Everybody lied to him about the state of his military forces. It's inevitable with these "strong man" leader types.

Ever hear the expression, "Hitler made the trains run on time“?
Thing is, he didn't. But everyone was afraid to report that they weren't running on time, so officially they always met their schedules.
That's where this is heading.
- Spot on and Krasnov is copying the lunatic Austrian motherfucker.

The administration equivalent of putting a piece of tape on your dash to cover a blinking check engine light.
- Thanks for including blinking, as this means severe engine damage, not a pesky code to clear. And it's exactly what's going on here.
- This is so surreal, such a parody.

Makes sense - if you don't like the numbers just fire the messenger.
Foxtrot Delta Taco.
- Tango but I see what you did there.
  
  Took me a second. Clever.

Since the first messenger who told Tigranes that Lucullus was coming had his head cut off for his pains, no one else would tell him anything, and so he sat in ignorance while the fires of war were blazing around him, giving ear only to those who flattered him.
Plutarch, ~ 100 A.D.
- History rhymes.

We're fucked. It's all over but the fighting.
Until a few months ago, I was a statistician for the US government. 25 years. I'm so fucking glad I'm out, though I'm making far less than I used to, honestly not enough yet. But I'm glad I'm not under his thumb.
- I cut my salary in half to get out. Wtf is money worth if you can't even afford anything?

Any second now they'll announce the new government branch: the Ministry of Truth.
- They'd be fine with ministry of alternative facts
  
  They're not alternative anymore.

That ought to fix it
- The idea is to make sure others don't release damaging data, and that they fudge the numbers or lose their job. It's a warning as much as revenge.
  
  Yup. And my comment was sarcasm.

This is satire right? Jesus H. Christ. We are so far into clown world that you couldn't even make fun of it. No matter how ridiculous you make it sound- they will outdo you with reality.
How is this any different from admitting that whoever Trump replaces them with is going to report inaccurate numbers to make Trump look good?
- In the era of global fascism, satire is dead. These aren't bad ideas when you don't care about anything passed your self image, and no one that matters will stand up to you.

Dude shot the messenger instead of facing the issue at hand.
- He wants to replace them with someone who will fudge numbers to whatever is useful for Trump.
  
  For a good 25 years now, the Republican party has treated reality as a messaging problem, not something to grapple with and use in planning. The only surprise is that it took this long to fire people in the federal government who didn't give the "right" message.
- He doesn't care about the issue, he just wants to have good numbers.

The firings will continue until the job numbers improve.

This guy is gonna be the end of all of us. I feel sorry for Americans with an IQ above.. 70 for having to watch this in real-time and live through the age of stupidity

This carries similar vibes to altering the weather map with a sharpie

Release the full Epstein files, you asshat

1984
- And we've only just reached the 8th month of this 4 year term.
  
  It's ok, ai might reach super intelligence before then 😅, and climate change might be beyond recovery, nothing important the government should be working on.

How do I short the entire US economy?
Normally I’d say this is the stupidest fucking thing I’ve heard, but I don’t even know if it makes the top 10 this week.
- Buy euros, euro-denominated bonds, short USD.
  
  Not Euros, Euros will crash with the dollar. Buy something of real value, like commodities or real estate.
- USA is emulating Russia and will be just as dysfunctional. China is at least producing results.
  
  The Chinese economy is not doing well.. and they're gonna be fucked too when USA sinks itself
  
  Chinese economy is the absolute shitter with no signs of improvement

to try and boost Kamala’s [Harris’] chances
Will everyone that needed CNBC to clarify which Kamala he was talking about, please raise your hand.
- They obviously don't want anyone confusing her with the Brazilian thrash metal band.

sniff sniff A bad smell...? CUT OFF MY NOSE IMMEDIATELY!

Conservative media was working overtime to spin those jobs numbers as positive😂😂

Because this is going to solve the problem

China has been providing false numbers, so here is a move to leveling the playing field by making USA numbers untrustworthy as well. One step closer to beat China.

Gonna be pretty awkward when he realises this isn’t the next season of the apprentice

Cook those books!

adding one more to the number of unemployed isn't gonna help

We knows the same practice from the Soviet era. Also Putin does same. Good luck #usa

I know they'll just put in a yes man, but it would be hilarious to have the new appointee say, "yeah, she was right on point."

At this rate the US will be just like North Korea.

Next job numbers are gonna sky rocket. Who will replace her? Another no neck crooked eye lackey?
This is why russias military was shit. Because dictators scare everyone into telling them there is only good news and then it rots from the inside out.
And guess what. It's alll caused by a single micro-mushroom penis asshole at the top with no balls and a childlike ego.

Pee hacking the stats

kyle kulinsky from secular talk says we (the US) are already in a recession, and i really can't think of any evidence to the contrary. so, what I'm trying to say, is does anyone have anything fun going on? something positive to talk about? 😃

Slams.

96 comments