Trump's pick to lead economic data agency floats ending monthly jobs report
Summary
President Donald Trump nominated EJ Antoni to lead the Bureau of Labor Statistics (BLS). Antoni has suggested stopping the monthly release of the jobs report, a key economic indicator in the U.S. Critics are concerned about the implications this could have on the reliability of economic data.Key Facts
- EJ Antoni is President Trump's choice to lead the Bureau of Labor Statistics.
- Antoni suggested ending the monthly jobs report during a Fox News interview.
- The monthly jobs report is used to assess how the U.S. economy is performing.
- Critics worry that stopping the report could harm the reliability of U.S. economic data.
- Trump dismissed the former BLS commissioner after a negative jobs growth report.
- Economists have criticized Antoni's understanding and handling of economic data.
- Antoni currently works as a federal budget analyst at the Heritage Foundation.
- He proposed continuing quarterly reports instead, citing them as more reliable.
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