The Fort Worth Press - Trump says to name new labor statistics chief this week

USD -
AED 3.672501
AFN 63.000275
ALL 82.697811
AMD 377.229941
ANG 1.790083
AOA 916.999848
ARS 1391.828097
AUD 1.443545
AWG 1.8025
AZN 1.701068
BAM 1.685671
BBD 2.013678
BDT 122.977207
BGN 1.709309
BHD 0.377518
BIF 2965
BMD 1
BND 1.28264
BOB 6.908351
BRL 5.154994
BSD 0.999815
BTN 92.79256
BWP 13.597831
BYN 2.973319
BYR 19600
BZD 2.010774
CAD 1.387495
CDF 2295.000278
CHF 0.79374
CLF 0.023121
CLP 912.959992
CNY 6.872032
CNH 6.876455
COP 3673.42
CRC 464.839659
CUC 1
CUP 26.5
CVE 95.501128
CZK 21.147006
DJF 177.720133
DKK 6.445503
DOP 60.498182
DZD 132.786355
EGP 53.516702
ERN 15
ETB 157.000501
EUR 0.862499
FJD 2.253801
FKP 0.758501
GBP 0.751285
GEL 2.690026
GGP 0.758501
GHS 10.999694
GIP 0.758501
GMD 73.500677
GNF 8779.999839
GTQ 7.648319
GYD 209.250209
HKD 7.83755
HNL 26.620289
HRK 6.500499
HTG 131.237691
HUF 330.560504
IDR 16937
ILS 3.13645
IMP 0.758501
INR 92.64295
IQD 1309.5
IRR 1318875.000028
ISK 124.5498
JEP 0.758501
JMD 158.120413
JOD 0.708971
JPY 158.726981
KES 130.050003
KGS 87.449658
KHR 4010.50148
KMF 426.749751
KPW 899.943346
KRW 1513.249796
KWD 0.30946
KYD 0.833229
KZT 475.292069
LAK 21952.505413
LBP 89195.600604
LKR 315.172096
LRD 183.849818
LSL 16.944964
LTL 2.95274
LVL 0.60489
LYD 6.374968
MAD 9.325007
MDL 17.611846
MGA 4175.000008
MKD 53.184193
MMK 2100.405998
MNT 3572.722217
MOP 8.072575
MRU 40.129569
MUR 46.78984
MVR 15.449535
MWK 1736.999767
MXN 17.82435
MYR 4.020498
MZN 63.960387
NAD 16.944979
NGN 1380.03048
NIO 36.709931
NOK 9.71384
NPR 148.468563
NZD 1.739025
OMR 0.384493
PAB 0.999836
PEN 3.47801
PGK 4.358966
PHP 60.180014
PKR 279.201607
PLN 3.694545
PYG 6493.344193
QAR 3.644504
RON 4.397298
RSD 101.201993
RUB 80.300679
RWF 1461
SAR 3.753461
SBD 8.009975
SCR 14.03822
SDG 601.000186
SEK 9.41201
SGD 1.282745
SHP 0.750259
SLE 24.609359
SLL 20969.510825
SOS 571.497886
SRD 37.363999
STD 20697.981008
STN 21.5
SVC 8.748077
SYP 110.747305
SZL 16.93499
THB 32.602324
TJS 9.560589
TMT 3.5
TND 2.91425
TOP 2.40776
TRY 44.491695
TTD 6.785987
TWD 32.016996
TZS 2589.999963
UAH 43.749677
UGX 3724.309718
UYU 40.637618
UZS 12199.999993
VES 473.325203
VND 26335
VUV 120.24399
WST 2.777713
XAF 565.390002
XAG 0.013235
XAU 0.000209
XCD 2.70255
XCG 1.801759
XDR 0.710952
XOF 564.498872
XPF 103.303045
YER 238.624981
ZAR 16.809899
ZMK 9001.197909
ZMW 19.270981
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    0.0900

    21.99

    +0.41%

  • CMSD

    0.0500

    22.15

    +0.23%

  • VOD

    0.1100

    15.13

    +0.73%

  • RELX

    0.0800

    33.23

    +0.24%

  • RYCEF

    0.9500

    16

    +5.94%

  • NGG

    2.2400

    86.84

    +2.58%

  • RIO

    1.5200

    94.81

    +1.6%

  • BCE

    0.1400

    25.38

    +0.55%

  • BTI

    -0.5800

    57.89

    -1%

  • GSK

    0.8000

    55.99

    +1.43%

  • BCC

    -0.7700

    75.08

    -1.03%

  • JRI

    0.2200

    12.52

    +1.76%

  • AZN

    3.5100

    200.73

    +1.75%

  • BP

    -0.8300

    46.17

    -1.8%

Trump says to name new labor statistics chief this week
Trump says to name new labor statistics chief this week / Photo: © AFP

Trump says to name new labor statistics chief this week

President Donald Trump said Monday that he would pick an "exceptional replacement" to his labor statistics chief, days after ordering her dismissal as a report showed weakness in the US jobs market.

Text size:

In a post on his Truth Social platform, Trump reiterated -- without providing evidence -- that Friday's employment report "was rigged."

He alleged that commissioner of labor statistics Erika McEntarfer had manipulated data to diminish his administration's accomplishments, drawing sharp criticism from economists and a professional association.

"We'll be announcing a new (labor) statistician some time over the next three-four days," Trump told reporters Sunday.

He added Monday: "I will pick an exceptional replacement."

US job growth missed expectations in July, figures from the Bureau of Labor Statistics showed, and sharp revisions to hiring figures in recent months brought them to the weakest levels since the Covid-19 pandemic.

Trump ordered the removal of McEntarfer hours after the figures were published.

"We had no confidence. I mean the numbers were ridiculous," Trump told reporters Sunday. He charged that McEntarfer came up with "phenomenal" numbers on his predecessor Joe Biden's economy before the 2024 election.

- Hiring slowdown -

Even as he called for more reliable data Monday, White House economic adviser Kevin Hassett conceded that the jobs market was indeed cooling.

But Hassett maintained in a CNBC interview that this softening did not reflect the incoming effects of Trump's flagship tax and spending legislation -- signed into law early last month.

US employment data point to challenges as companies took a cautious approach in hiring and investment while grappling with Trump's sweeping -- and rapidly changing -- tariffs this year.

The United States added 73,000 jobs in July, while the unemployment rate rose to 4.2 percent, the Department of Labor reported.

Hiring numbers for May were revised down from 144,000 to 19,000. The figure for June was shifted from 147,000 to 14,000.

These were notably lower than job creation levels in recent years. During the pandemic, the economy lost jobs.

Over the weekend, Hassett defended McEntarfer's firing in an NBC News interview: "The president wants his own people there so that when we see the numbers they are more transparent and more reliable."

But Trump's decision has come under fire. William Beach, who previously held McEntarfer's post, said the move set a "dangerous precedent."

The National Association for Business Economics condemned her dismissal, saying large revisions in jobs numbers "reflect not manipulation, but rather the dwindling resources afforded to statistical agencies."

German Finance Minister Lars Klingbeil on Monday emphasized the importance of supporting "independent, neutral and proven institutions."

He said: "It is right that independent institutions remain independent and that politics do not interfere with them."

McEntarfer, a labor economist, was confirmed to the commissioner role in January 2024.

L.Coleman--TFWP