Close Menu
The Politics
    What's Hot

    Texas House Democrats plan to flee state to try to stop proposed congressional maps

    August 3, 2025

    Monday Briefing: An ‘All or Nothing’ Gaza Deal

    August 3, 2025

    Tour de France Femmes: Pauline Ferrand-Prevot seals win with stage nine victory

    August 3, 2025
    Facebook X (Twitter) Instagram
    • Demos
    • Politics
    • Buy Now
    Facebook X (Twitter) Instagram
    The Politics
    Subscribe
    Sunday, August 3
    • Home
    • Breaking
    • World War
    • World
      • Africa
      • Americas
      • Asia Pacific
      • Europe
    • Sports
    • Politics
    • Business
    • Entertainment
    • Health
    • Tech
    • Weather
    The Politics
    Home»Business»White House adviser backs Trump firing BLS head over job data concerns
    Business

    White House adviser backs Trump firing BLS head over job data concerns

    Justin M. LarsonBy Justin M. LarsonAugust 3, 2025No Comments5 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Share
    Facebook Twitter Pinterest Email Copy Link


    National Economic Council Director Kevin Hassett discusses the latest jobs report, the firing of the labor statistics chief and the consumer impact of tariffs on ‘Fox News Sunday.’

    National Economic Council Director Kevin Hassett on Sunday backed President Donald Trump’s decision to fire the head of the Bureau of Labor Statistics (BLS), citing an alleged “partisan pattern” in U.S. job data reporting. 

    In an appearance on “Fox News Sunday,” Hassett referenced the timing of a preliminary benchmark revision released in August 2024 – shortly after former President Joe Biden dropped out of the 2024 presidential race. The revision revealed that job gains from March 2023 through March 2024 had been overstated by 818,000 jobs. Hassett said it represented the “biggest data revision in 50 years.” 

    “Look, the fact is that when the data are unreliable, when they keep being revised all over the place, then there are going to be people that wonder if there’s a partisan pattern in the data,” Hassett told “Fox News Sunday” host Shannon Bream. “And so, if you look back to just a year ago, for example, there was another massive revision from the BLS, almost a million jobs, a million jobs down, that said that the Joe Biden jobs record was a lot worse than people thought. But we didn’t get the downward revision until after Joe Biden had dropped out. And so once again, it made people think, what are they doing?” 

    Hassett accused the BLS of a lack of transparency, saying the bureau did not provide any detailed explanation of the August 2024 revision. 

    TRUMP NAYSAYERS WHO PREDICTED ECONOMIC DOOM AGAIN PROVEN WRONG AFTER LATEST JOBS REPORT

    Kevin Hassett, director of the National Economic Council, outside the White House in Washington, DC, US, on Monday, June 30, 2025. (Aaron Scwartz/CNP/Bloomberg via Getty Images / Getty Images)

    “Instead, they have this little black box that moves the numbers around and makes people wonder, sometimes with partisan patterns. And so I think what we need is a fresh set of eyes at the BLS, somebody who can clean this thing up,” Hassett said.

    The White House economic adviser made reference to his speech at the 2015 BLS symposium where he spoke about modernization on the 100th anniversary of the Consumer Expenditure Survey. 

    “I talked about how the data can’t be propaganda,” Hassett said. “The data has to be something that you can trust because decision makers throughout the economy trust that these are the data, that they can build a factory because they believe, or cut interest rates because they believed. And if the data aren’t that good, then it’s a real problem for the U.S. And right now, the data have become very unreliable with these massive revisions over the last few years.”

    The BLS reported on Friday that 74,000 jobs were added in July, well below the 110,000 estimate of economists polled by LSEG. The report also revised job growth in May and June downward. May’s gains were pared back by 125,000 to just 19,000 jobs created, while the June figures were revised down by 133,000 to just 14,000 jobs added that month.

    Trump talks jobs report

    President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House in Washington D.C., on Aug. 1, 2025.  (MEHMET ESER/Middle East Images/AFP via Getty Images / Getty Images)

    According to the BLS, the last time a revision was down more than 133,000 was in March 2021, when it was revised down by 146,000 one year into the COVID-19 pandemic. 

    LEFT’S TARIFF DOOMSDAY PREDICTIONS FALL FLAT AS TRUMP’S AMERICA THRIVES

    Trump claimed that the country’s job numbers “are being produced by a Biden Appointee, Dr. Erika McEntarfar, the Commissioner of Labor Statistics, who faked the Jobs Numbers before the Election to try and boost Kamala’s chances of Victory.” McEntarfar was appointed by Biden but received bipartisan support in the Senate earlier in 2024, with current Vice President JD Vance among Republican senators who supported her before he earned a place on Trump’s presidential ticket. 

    Despite the “disappointing” jobs report, Hassett pointed to how the Bureau of Economic Analysis (BEA) reported on July 30 that GDP increased at an annual rate of 3.0% in the second quarter. 

    Trump talks to reporters outside White House

    President Donald J. Trump departs the White House en route to Bedminster, New Jersey, on Aug. 1, 2025, in Washington, D.C.  (ANDREW THOMAS/Middle East Images/AFP via Getty Images / Getty Images)

    “It’s really important to keep our eyes on the horizon and the eyes on the horizon are seeing really smooth sailing ahead,” Hassett said. “When I first saw the big revisions, which, by the way, were the largest revisions going all the way back for 50 years, if we exclude the COVID years, when I saw those revisions I thought it must be a typo. That I’ve never seen a revision like this.” 

    Hassett argued that Trump’s “big, beautiful bill” would offset any impacts of tariffs on the U.S. economy and boost average family income by $10,000. 

    “The Congressional Budget Office has said that we’re looking at about three trillion in new tariffs in the United States. That’s something that’s really going to help us balance the budget. And all inflation numbers are lower than they’ve been in five years,” he said. 

    He also further backed the president’s call for new leadership at the bureau. 

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    “They have to get back to ground zero and look at why the numbers have started to be so unreliable. And, you know, why did the numbers not really pick up the gig economy and so on,” Hassett said. “So right now we’ve got BLS numbers that aren’t really a lot better than they were during COVID, and we need to understand why. And so I think that the president’s right to call for new leadership. I think Erika is a terrific person, but I think that it’s time for someone to get in there and fix this because these numbers are so crucial. “

    FOX Business’ Eric Revell contributed to this report.



    Source link

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Justin M. Larson
    • Website

    Related Posts

    Business

    Kia recalls over 100,000 K5 sedans, 201,000 Telluride vehicles over loose parts

    August 3, 2025
    Business

    US trade rep says China trade negotiations going in positive direction

    August 3, 2025
    Business

    Marlin Steel CEO sees American manufacturing boom mainstream media is missing

    August 3, 2025
    Business

    Orlando marks 150 years while diversifying economy beyond tourism

    August 3, 2025
    Business

    Cary Grant’s former Beverly Hills home on market for $77.5 million

    August 3, 2025
    Business

    Wealth terminology guide aims to ‘counteract the BS’ for investors

    August 3, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    • Africa
    • Americas
    • Asia Pacific
    • Breaking
    • Business
    • Economy
    • Entertainment
    • Europe
    • Health
    • Politics
    • Politics
    • Sports
    • Tech
    • Top Featured
    • Trending Posts
    • Weather
    • World
    • World War
    Economy News

    Texas House Democrats plan to flee state to try to stop proposed congressional maps

    Justin M. LarsonAugust 3, 20250

    Democratic statehouse legislators are planning to leave Texas on Sunday in order to break the…

    Monday Briefing: An ‘All or Nothing’ Gaza Deal

    August 3, 2025

    Tour de France Femmes: Pauline Ferrand-Prevot seals win with stage nine victory

    August 3, 2025
    Top Trending

    Texas House Democrats plan to flee state to try to stop proposed congressional maps

    Justin M. LarsonAugust 3, 20250

    Democratic statehouse legislators are planning to leave Texas on Sunday in order…

    Monday Briefing: An ‘All or Nothing’ Gaza Deal

    Justin M. LarsonAugust 3, 20250

    Plus, influencers feted by the Vatican. Source link

    Tour de France Femmes: Pauline Ferrand-Prevot seals win with stage nine victory

    Justin M. LarsonAugust 3, 20250

    No Frenchman was won the Tour de France since Bernard Hinault in…

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    Editors Picks

    Review: Record Shares of Voters Turned Out for 2020 election

    January 11, 2021

    EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

    January 11, 2021

    World’s Most Advanced Oil Rig Commissioned at ONGC Well

    January 11, 2021

    Melbourne: All Refugees Held in Hotel Detention to be Released

    January 11, 2021
    Latest Posts

    Review: Russia’s Putin Sets Out Conditions for Peace Talks with Ukraine

    January 20, 2021

    Review: Implications of San Francisco Govts’ Green-Light Nation’s First City-Run Public Bank

    January 20, 2021

    Queen Elizabeth the Last! Monarchy Faces Fresh Demand to be Axed

    January 20, 2021
    Advertisement
    Demo
    Editors Picks

    Texas House Democrats plan to flee state to try to stop proposed congressional maps

    August 3, 2025

    Monday Briefing: An ‘All or Nothing’ Gaza Deal

    August 3, 2025

    Tour de France Femmes: Pauline Ferrand-Prevot seals win with stage nine victory

    August 3, 2025

    More Than 60 Migrants Dead After Boat Capsizes Off the Coast of Yemen

    August 3, 2025
    Latest Posts

    Review: Russia’s Putin Sets Out Conditions for Peace Talks with Ukraine

    January 20, 2021

    Review: Implications of San Francisco Govts’ Green-Light Nation’s First City-Run Public Bank

    January 20, 2021

    Queen Elizabeth the Last! Monarchy Faces Fresh Demand to be Axed

    January 20, 2021
    Advertisement
    Demo
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Politics Designed by The Politics.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.