Summary
President Donald Trump posted unreleased jobs data on social media, leading to concerns about market influence. The unauthorized early release occurred due to a mistake involving data normally shared only with the president before public release. The official jobs report showed fewer jobs added than President Trump's post suggested, sparking speculation and criticism.
Key Facts
- President Trump shared unreleased jobs data on social media before the December jobs report was officially out.
- A White House official stated that the early data release was accidental and under review.
- Trump had previously fired the Bureau of Labor Statistics commissioner, claiming she manipulated data for political reasons.
- The graphic posted by Trump showed a large increase in private sector jobs but no context or comments were provided with it.
- The official December jobs report showed the U.S. added about 50,000 jobs, contrary to the higher numbers suggested by Trump's post.
- Revisions to previous months’ data showed 76,000 fewer jobs than initially reported.
- The early release led to accusations and speculation about attempts to influence market reactions.
- Critics on social media accused the administration of manipulating job data for political gain.
