Officials of the White House defend the dismissal of labor statistics as criticism warns against the erosion of confidence
On Sunday, the best economic advisers in the White House defended the dismissal by US President Donald Trump on Sunday, on the head of the Labor Statistics Office, postponing criticism that Trump’s action could compromise confidence in official economic data in the United States.
US trade representative Jamieson Greer told CBS that Trump had “real concerns” about data, while Kevin Hassett, director of the national economic council, said the president “was right to call for new leadership.”
Hassett said on Fox News that the main concern was the BLS report on Friday on the downward net revisions showing that less than 258,000 less jobs had been created in May and June that this previously said.
Trump accused BLS commissioner Erika Mcentarfer, of having simulated job figures without providing proof of data manipulation. The BLS compiles the closely watched employment report as well as data from consumer and producers’ prices.
The BLS has not given any reason for the revised data, but noted that “the monthly revisions result from additional reports received from companies and government agencies since the latest published estimates and the recalculation of seasonal factors”.
US President Donald Trump dismissed the US Commissioner for Labor Statistics after the low job numbers reported that the prices were not yet leading to his promised economic boom.
MCENTARFER’s dismissal added to increasing concerns concerning the quality of American economic data published by the federal government and has come within the framework of a series of new American prices on dozens of trade partners, sending world stock markets in the process of emerging while Trump pushes the plans to reorganize the global economy.
“I think what we need is a new set of BLS eyes, someone who can clean this thing,” said Hassett on “Fox News Sunday”.
In an interview with CBS Face the nationGreer has recognized that there were always revisions of the job numbers, “but sometimes you see these revisions go really extreme.”
“Absurd load”
Critics, including the former BLS leaders, criticized Trump’s decision and called on the congress to investigate Mcentarfer’s withdrawal, saying that this would be confidence in a respected statistical agency.
There was no way that a commissioner could have the job figures, said William Beach, a former BLS commissioner and co -president of the friends of the BLS group.
“Each year, we revised the figures. When I was a commissioner, we had a revision of 500,000 jobs during President Trump’s first term,” said Beach on CNN Union state.
“And why do we do that? Because companies are created or companies go bankrupt, and we don’t really know it during our year, until we reconcile a real full account of all businesses.”
Democrats and at least two Republican senators have also criticized the dismissal.
“This is an absurd load. This week.
“What does a bad leader do when he gets bad news? Taking the messenger,” said the head of the Senate of the Senate on Friday, Chuck Schumer, in a speech on the Senate prosecutor’s office.
The dismissal occurred in the middle of a burst of economic upheavals last week.
A few hours before the deadline for tariff on Friday, Trump signed an executive decree imposing rights to American imports from countries such as Canada, Brazil, India and Taiwan, during its last series of samples while countries were trying to seek means to conclude better offers.
Greer and Hassett said on Sunday that most of these prices should remain in place rather than being cut within the framework of continuous negotiations.
India postponed Trump’s threats to an additional penalty if it continued to buy oil in Russia, two sources from the Indian government said on Saturday. Trump imposed a new 25% rate on Indian products.
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