Economists warn about the dangers of weakening the government’s statistical agencies.| The University of Chicago Booth School of Business
The latest non-farm payrolls data from the Bureau of Labor Statistics (BLS) was clearly not received well in the White House. Unusually large back revisions to the figures for June and May suggest that the jobs market has slowed more sharply than originally believed over the last three months. President Trump’s response was to immediately fire the head of the BLS.| Clark Center Forum