The US economy added 22,000 jobs and the unemployment rate rose to 4.3 percent in August in August in August report Published since President Trump fired The head of the Bureau of Labor Statistics (BLS).
The economists expected the United States to collect 75,000 jobs last month, with the unemployment rate, according to consensus forecasts, rose from 4.2 percent to 4.3 percent in July.
The report in August Jobs, as Trump on the BLS, an apolitical statistical agency, got into a partisan battle.
Trump released the former BLS director Erika Mcentarfer last month after the obscure job report, a veteran of both the Republican and Democratic Administration. The report not only showed that the United States only added 72,000 jobs in July, but also included gigantic downward revisions into previous reports.
The net result showed that the United States only added 106,000 jobs between May and July – only a third of what economists considered a minimal number of jobs to keep unemployment stable.
The President accused McECentarfer and the BLS to record the number of jobs so that Democrats look better, especially before the 2024 elections. Trump did not provide any evidence for his claim, and the BLS only gave the former Vice President Kamala Harris in the 2024 elections.
Economists and BLS veterans in the entire political spectrum condemned Trump’s move and defended the integrity of the agency of the statisticians responsible for the data. Some found that it would be practically impossible to manipulate the job report in view of the sheer amount of data that the results must provide.
Trump continued to doubt BLS data on Thursday and said that “real” jobs will come numbers next year.
“You will come out tomorrow, but the real numbers I talk about said at a dinner with managers of the technology sector.
The downward revision in July was due to the slow reporting on jobs in the public education sector, which are very seasonal, the BLS the Hill said. The agency has lowered itself since the economic disorder caused by pandemic, which has also influenced the statistical agencies in other countries.
In the past few months, several measuring devices of the labor market in the labor markets have also been slowed down, with fewer companies hiring and employees hold their work on record rates.
redundancies almost 40 percent rose In the past month, in which employers remove 85,979 positions-the largest August hit since the highlight of the Covid 19 pandemic in 2020, according to research, which was published by Challenger Gray & Christmas.
In August, private employers only added 54,000 jobs, which is added to a slowdown in Ang more The setting marketAccording to ADP data Released Thursday morning.
The vacancies also fell to 7.18 million in July and marked the first time that job seekers have been over open positions since 2021.
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