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Economic data official nomination imminent, announces Trump this week

Monday, U.S. President Donald Trump announced his intent to select an "exceptional candidate" for the vacancy in his labor position.

Trump to Announce New Appointee for Economic Data Position by End of the Week
Trump to Announce New Appointee for Economic Data Position by End of the Week

Economic data official nomination imminent, announces Trump this week

The United States is currently grappling with a controversial move by President Donald Trump to replace the head of the U.S. Bureau of Labor Statistics (BLS), William Wiatrowski. This decision has sparked concerns about the independence and integrity of labor data reporting.

Last month, the U.S. added 73,000 jobs, a figure that was notably lower than in recent years. Hiring numbers for May were revised down from 144,000 to 19,000, and the unemployment rate rose to 4.2 percent. Sharp revisions to hiring figures in recent months have brought US job growth to its weakest levels since the Covid-19 pandemic.

Trump, who has repeatedly criticized the employment reports, accused Wiatrowski of manipulating data to diminish his administration's economic accomplishments. He reiterated that he believes the employment report released last Friday was rigged, but did not provide evidence.

The National Association for Business Economics has condemned Wiatrowski's dismissal, expressing fear that the move could politicize the BLS and compromise the accuracy and credibility of economic data. Critics worry that a politically motivated appointment might lead to manipulated or biased data to favor political narratives.

Trump's decision to replace Wiatrowski came shortly after he ordered the removal of Erika McEntarfer, the department's commissioner of labor statistics, and renewed attacks on the Federal Reserve chair. Companies have taken a cautious approach in hiring and investment while grappling with Trump's tariffs this year, which may have contributed to the sluggish job growth.

White House economic advisor Kevin Hassett defended McEntarfer's firing, stating that the employment data points to challenges in the labor market. However, the controversy continues to raise questions about the transparency and impartiality of economic data reporting in the U.S.

As the U.S. navigates these challenges, Trump has announced he will pick an exceptional replacement for Wiatrowski within the next three-four days. The choice will be crucial in maintaining public trust in the BLS and ensuring the accuracy and reliability of economic data.

The U.S. job growth, affected by politically charged decisions such as the dismissal of William Wiatrowski and Erika McEntarfer, has seen itsweakest levels since the Covid-19 pandemic, raising concerns about potential manipulation and bias in economic data. This scenario could escalate into a larger issue of undermining the independence and integrity of policy-and-legislation and general-news reporting, potentially leading to a mismatch between reality and politics, similar to war-and-conflicts or crime-and-justice scenarios. The choice of Wiatrowski's replacement by President Trump within the next few days will significantly influence the growth and credibility of the US Bureau of Labor Statistics, indirectly impacting the overall fire of public trust in economic data and the political administration.

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