

SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.


Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
"It’s a stalled economy—and working families are stuck in it," said one economist.
A Friday report from the US Bureau of Labor Statistics showed that the American job market is running on fumes.
According to the BLS, the US economy added just 29,000 jobs in September, which was well below economists' forecasts of 90,000 jobs added on the month.
Additionally, employment numbers for previous months were revised downward by a total of 60,000 jobs, and BLS now estimates that the economy posted a net loss of 10,000 jobs in July and a net gain of 133,000 jobs in August.
In a Friday social media post, economist Bill McBride noted that the economy over the last year has only created 496,000 jobs, which averages to roughly 41,000 jobs per month. For comparison, the economy created an average of 186,000 jobs per month in the last year of former President Joe Biden's term.
Heather Long, chief economist at Navy Federal Credit Union, called the latest jobs numbers "mediocre," and pointed out that wage growth in September posted just a 3% yearly gain.
"That’s a new five-year low," Long remarked, "and it’s wiped out entirely by ~3.4% inflation."
Tahra Hoops, director of economic analysis at Chamber of Progress, also pointed to wage growth failing to keep up with inflation, which she said "gives credibility to the negative consumer sentiment" expressed in recent surveys.
Kyle Moore, chief economist at The Century Foundation, said that the weak wage growth on the month doesn't tell the full story of the stresses working-class Americans are facing because the numbers "leave out debt, all the bills families have to pay before they can spend any of their paycheck."
"A worker with debt often can’t afford to miss a paycheck, and therefore can’t afford to quit a bad job or push for a raise," Moore explained. "That is exactly what we see in today’s job market, with hiring stalled, the quit rate stuck at 1.9%, and wage growth falling as prices climb. Mounting debt, sluggish hiring and real wage growth, and weak social support all disempower workers."
Moore criticized President Donald Trump and his administration for trying to spin their economic policies as successes given the current numbers.
"Until the Trump administration confronts the reality that debt is eating into workers’ gains—wage gains that are now non-existent, in real terms, for the typical worker," said Moore, "the gulf between how this administration spins the economy and how working families actually experience it will continue to widen."
White House National Economic Council Director Kevin Hassett didn't heed Moore's advice on this matter, and continued boasting about the state of the economy during a Friday interview.
"If you look at the data from this week, it's proving that Trumponomics is really working," said Hassett, "and this is one reason why markets are celebrating so much."
Kevin Hassett responds to a bad September jobs report: "If you look at the data from this week, it's proving that Trumponomics is really working ... we're very very happy"
The Fox News host responds by saying "you're bullish and I expected that" pic.twitter.com/bVdTFnteHc
— Aaron Rupar (@atrupar) October 2, 2026
Breyon Williams, chief economist at Groundwork Collaborative, called the weak jobs report emblematic of how the economy as a whole has performed during Trump's second term.
"There’s a clear pattern in the Trump economy," Williams explained. "One sector is creating most of the new jobs, unemployed workers can’t find new jobs, and Americans are seeing their paychecks eaten up by the president’s high prices. When businesses are barely hiring and raises aren’t keeping up with rising prices, it’s a stalled economy—and working families are stuck in it."
"No one expects Trump's treasury secretary to know anything about the economy," said one economist.
The American economy lost 23,000 jobs last month, according to federal data, but US Treasury Secretary Scott Bessent doesn't see much cause for concern.
During a Thursday interview on CNBC, Bessent was asked about whether the most recent jobs report was a sign of the US labor market "cracking," and he replied that the data at the moment are "quite noisy."
Bessent then asserted that, thanks to Trump's mass deportation policy, "the jobs that we're seeing are going to Americans."
"After the deportations we've seen during President Trump's administration, and the closing of the border... we don't need to produce as many jobs," he said. "And what's really important here is that we are seeing a manufacturing renaissance."
Bessent on the latest bad jobs report: "After the deportations that we've seen and the closing of the border, we don't need to produce as many jobs" pic.twitter.com/kStWCiXAz5
— Aaron Rupar (@atrupar) August 20, 2026
In fact, there is no manufacturing jobs boom under Trump, as federal data shows the economy has lost an estimated 75,000 manufacturing jobs since the start of his second term.
Dean Baker, senior economist at the Center for Economic and Policy Research, noted in a social media post that Bessent's claim about the Trump economy providing bountiful jobs to native-born US workers is also false.
"The employment rate for native-born people is down a percentage point from when Biden was in the White House," Baker wrote, "but no one expects Trump's treasury secretary to know anything about the economy."
Economist Tony Yates observed that Bessent's spin on the jobs report undermined one of the Trump administration's rationales for carrying out mass deportations.
"I love how this contradicts with the argument for the deportations—that migrants were stealing jobs from everyone else," Yates wrote. "Now the claim is that the jobs were created by migrants just as they are now gone with them."
"However the White House tries to spin these numbers, their talking points ring hollow for people who are actually experiencing Trump’s weak economy."
Federal data released Friday shows the US economy shed 23,000 jobs last month, but one analyst said that figure was "only the beginning of the bad news" for the country's job market under the leadership of President Donald Trump.
"This is a bleak jobs report," said Heather Long, the chief economist at Navy Federal Credit Union, noting that the unemployment rate fell slightly in July—but primarily because more people left the labor force—and year-over-year hourly wage growth slowed to 3.2%, not keeping up with inflation.
Breyon Williams, the Groundwork Collaborative's top economist, said in response to the new Labor Department numbers that "regardless of having a job or not, everyone is paying high prices from Trump’s chaotic tariffs and war with Iran."
"Today’s report shows a patchwork economy that is fraying at the seams," said Williams. "Trump’s economic mismanagement has injected so much uncertainty into the economy that employers are not confident enough to add more people, but also have not initiated massive layoffs, creating a frozen job market where those with jobs are afraid to leave them and those without are stuck on the sidelines."
Rep. Pramila Jayapal (D-Wash.) wrote on social media that "Trump is tanking the US economy."
In addition to the loss of 23,000 jobs last month—far worse than forecasters' expectation of an increase of 80,000 jobs—the Bureau of Labor Statistics (BLS) revised job growth downward for both May and June. BLS said job growth in May was actually 20,000 (down from the earlier estimate of 57,000), and job growth in June was 63,000 (down from 129,000). The healthcare sector has accounted for a disproportionate share of US employment growth this year.
"This economy is running on fumes," said Angela Hanks, a former Labor Department official who now works as chief of policy programs at The Century Foundation. "However the White House tries to spin these numbers, their talking points ring hollow for people who are actually experiencing Trump’s weak economy."
White House spin efforts began almost immediately after the release of the new figures.
Kevin Hassett, director of the National Economic Council, claimed during a Fox Business appearance that the dismal job numbers were a testament to the success of Trump's mass deportation campaign, even though the largest job losses in July occurred in state and local government.
"Because we have a tight border and because we've been deporting folks who aren't citizens, then that puts downward pressure on what the sort of breakeven job number is," said Hassett.
Speaking to reporters outside the White House, Hassett also blamed the "end of the World Cup," which "meant that a lot of hospitality workers were then laid off."
Kevin Hassett thinks Americans are very very stupid. This spin is ridiculous, transparent BS. pic.twitter.com/h0qX7c8fbI
— Aaron Rupar (@atrupar) August 7, 2026
"Is this the ‘Golden Age’ that Donald Trump and JD Vance keep talking about?" asked Kendall Witmer, the Democratic National Committee's rapid response director, following publication of the BLS report. "Trump’s disastrous economic agenda has caused irreparable damage to the job market, as layoffs mount and it’s nearly impossible to find a job."
"Working families are already drowning under the weight of skyrocketing costs on everyday goods like groceries, gas, and healthcare, and their paychecks aren’t keeping up," said Witmer. "Americans are barely keeping their heads above water—and Trump can’t even be bothered to care."
"Working Americans increasingly report that their paychecks can't keep up with Trump's high prices, but are not confident they’ll be able to find better opportunities," noted one Groundwork Collaborative expert.
As President Donald Trump's team on Thursday tried to paint the June jobs report as positive, economists and congressional Democrats called it "weak" and "disappointing," with some also ripping the Republican administration's harmful policies, from sweeping tariffs and the Iran War to the mass detention and deportation of immigrants.
The nation's economy added just 57,000 jobs in June, or roughly half of what economists had anticipated, according to the latest monthly report from the US Bureau of Labor Statistics. BLS noted that "both the unemployment rate, at 4.2%, and the number of unemployed people, at 7.1 million, changed little in June."
The Department of Labor (DOL) agency also revised job gains down for May by 43,000 and April by 31,000, and said that "over the year, average hourly earnings have increased by 3.5%." That's notably lower than the 4.2% annual inflation rate detailed by BLS a few weeks ago, as Americans struggle to afford groceries, housing, and other basic necessities during Trump's second term.
"Today's weak jobs numbers are grim warning signs of a struggling labor market," Alex Jacquez, a former Obama administration official who is now Groundwork Collaborative's chief of policy and advocacy, said in a statement.
"Job gains reflect temporary seasonal hires and other workers separated from the broader economy while the majority of the labor force is frozen," he explained. "Working Americans increasingly report that their paychecks can't keep up with Trump's high prices, but are not confident they'll be able to find better opportunities. They're instead focused on trying to keep up with the president's price hikes."
Angela Hanks, a former DOL senior official who's now chief of policy programs at The Century Foundation, similarly called the report "yet more evidence of a fragile economy under President Trump, with job growth coming in well below expectations and sizable downward revisions to the last two months."
"While the unemployment rate dipped slightly to 4.2%, this number only tells us how many people are working—it doesn't tell you whether people can afford to live," she stressed. "The reality behind today's jobs numbers is that the cost of living continues to outpace paychecks: 43% of Americans now say they're worse off financially than they were a year ago, and year-over-year wage growth came in at 3.5%, below overall inflation of 4.2%—meaning that real wages are falling."
"Looking beyond the topline numbers, more than half of all June job growth was concentrated in healthcare and social assistance, continuing a trend of these sectors propping up much of our economy," she pointed out. "The labor force participation rate declined sharply and widely, with nearly every demographic group seeing declines, which partially explains the drop in the unemployment rate. Moreover, certain racial and age disparities actually worsened: Black youth unemployment rate rose to a whopping 26.8%, as did Hispanic youth unemployment, coming in at 20.1%—a reminder that this economy is not delivering for workers who are struggling the most."
Hanks added that “while Trump will surely tout this moderate job growth as a win, not long ago numbers like today's would have prompted serious concern. But families aren't grading Trump on a curve: They feel the impacts of this administration's chaotic and costly economic policies every day. Until working people can actually afford their lives—groceries, housing, healthcare, childcare—claims of a 'strong economy' will continue to ring hollow."
In line with Hanks' prediction, Trump's messengers attempted to frame the figures positively, with his press secretary, Karoline Leavitt, celebrating the declining foreign-born labor force amid the administration's deadly crackdown on immigrants, and her deputy, Kush Desai, claiming the report "reinforces that the American labor market remains solid."
Acting Secretary of Labor Keith Sonderling—whom the president earlier this week nominated for the permanent post—said that "Trump's America first agenda continues to provide greater wages for workers and certainty to the sectors which will fuel the next 250 years of US economic security."
Meanwhile, with the midterm elections just four months away, the Democratic National Committee's rapid response director, Kendall Witmer, declared that "Donald Trump's failed economic agenda has driven working families into a corner as Americans worry about how to find a job and keep up with sky-high prices. The reality for working families is undeniable: Trump has wrecked the economy, leaving millions wondering how they will make ends meet with no relief in sight."
"But Trump doesn't give a shit—he's only focused on building his vanity projects and using the power of the presidency to get even richer," added Witmer, just two days after the president's annual financial disclosures revealed that he pocketed an unprecedented $2.2 billion—over half of it from his family’s cryptocurrency grift—during his first year back in the Oval Office.
Congressman Ted Lieu (D-Calif.) took to social media over "another disappointing jobs report" and also called out GOP priorities, from erecting a giant arch in Trump's honor to putting his name on various items, including passports and the $250 bill.
As Lieu concluded, "November is coming."
"The latest jobs data show how President Trump's mismanagement of the economy—both domestically and internationally—is harming workers at home," said another expert.
As US Labor Secretary Lori Chavez-DeRemer on Friday declared that "America's economic comeback is on full display" and the country's "workers are winning again" due to what the business press and top newspapers called a "strong" March jobs report, some economists stressed the importance of looking beyond the topline figure and one month of data.
The US Bureau of Labor Statistics announced that employers added 178,000 jobs last month, with gains in construction, healthcare, and transportation and warehousing, and declines in the federal government. The unemployment rate fell slightly to 4.3%, with 7.2 million people officially jobless.
"Folks, today's jobs report is not good," declared Heidi Shierholz, president of the think tank Economic Policy Institute (EPI). She pointed to average job growth over the past two months, the reason for the drop in unemployment ("people leaving the labor force"), slowing wage growth, and the fact that "the effects of our war in Iran aren't even in these numbers yet."
EPI senior economist Elise Gould further explained those points on social media. Although the report "came in stronger than expected... much of the gain was a bounce back to February declines (now a loss of 133,000 jobs)," she said. "As a result, average monthly growth the last two months was only 22,500 jobs."
As far as the unemployment rate ticking down, "it's important to note that this happened for the 'wrong' reasons as both the labor force participation and the share of the population with a job also ticked down," Gould continued. "Job gains were strongest in healthcare as striking workers returned to work."
"Attacks on the federal workforce continue," she highlighted, with the sector down 18,000 jobs in March and 352,000 positions since January 2025, when President Donald returned to power. "The vital services federal employees provide cannot be done without these essential workers. The cost of these losses are only just beginning."
"Manufacturing rose 15,000 jobs in March, but still has a huge deficit since Trump took office. Since January 2025, the manufacturing sector has lost 82,000 jobs," the economist noted. "Wage growth has been slowing for the last few months, particularly driven by slower growth for production and nonsupervisory workers, roughly the lower 82% of the workforce."
Gould added that "we don't have the inflation data yet to show real wage changes in March, but slowing nominal wage growth coupled with rising prices from the Iran war almost surely means real wages will suffer, contributing to worsening affordability."
Trump and Israel launched their war on Iran at the end of February, and the new data is from the middle of March, so "the impact of the war and higher fuel prices will be limited" in this report, as Center for Economic and Policy Research co-founder Dean Baker acknowledged. "April could look considerably worse."
Breyon Williams, chief economist at another think tank, Groundwork Collaborative, said that "beyond today's headline bounce, the labor market continues to deteriorate under Trump's economic mismanagement: Hiring has ground to a halt, paychecks are shrinking, and workers are giving up on finding a job altogether. A single month of modest gains can't reverse the damage that the president has inflicted on working families."
A former senior Labor Department official who's now chief of policy programs at The Century Foundation, Angela Hanks, similarly asserted that "the latest jobs data show how President Trump's mismanagement of the economy—both domestically and internationally—is harming workers at home."
"While the topline rate does not yet reflect the war's impact on the job market, wage growth has stalled, and oil prices are skyrocketing, resulting in higher prices for consumers and threatening to weaken the job market," she noted. Specifically, according to a Thursday report from Democratic members of the congressional Joint Economic Committee, Americans spent an extra $8.4 billion at the gas pump in the first month of Trump's war.
"Families are already under tremendous pressure from rising prices, slowing job growth, and mounting debt as they struggle to make ends meet, and not seeing help on the way," said Hanks. "Families and workers across the country deserve leadership that puts them first and works to make living a fulfilling life affordable for everyone. Instead, they're stuck with leaders in Washington more focused on needless and damaging wars and slashing the safety net to pay for them."
After passing a 2025 budget package that gave the rich more tax breaks by slashing over $1 trillion from the safety net, including food assistance and Medicaid—which is expected to leave millions of Americans without health insurance—congressional Republicans are considering more healthcare cuts to fund Trump's war. The Pentagon has asked for at least $200 billion for Iran, and more broadly, the president wants an unprecedented $1.5 trillion in military spending for the next fiscal year.
“Month after month, the data shows Donald Trump’s economy is failing American families.”
President Donald Trump's self-proclaimed "greatest" economy in history took another major blow on Friday as the US Bureau of Labor Statistics revealed that the American economy lost 92,000 jobs in February.
Heather Long, chief economist at Navy Federal Credit Union, described the report as "dismal," while noting that the US economy as a whole has actually lost jobs since Trump announced his "liberation day" global tariffs in April 2025.
"Total job gains since from May 2025 to February 2026 are now -19,000," she wrote. "Companies are not hiring in the face of all of these headwinds and uncertainty. And even healthcare is starting to slow down."
University of Michigan economist Justin Wolfers argued that "the economic story just changed dramatically" because of the jobs report, which also showed downward revisions to the estimated jobs created in December and January.
"Recession questions are back on the menu," he said.
Mike Konczal, senior director of policy and research at the Economic Security Project, zeroed in on the surprise loss of healthcare jobs in February as particularly concerning given that healthcare has been the lone industry to consistently add jobs in recent months.
"This is the first month in years where healthcare jobs went negative, really changing the dynamic," he said. "Cuts to Medicaid, cuts to ACA... suddenly the thing that was 187% of private jobs since liberation day, holding it together, may be giving out?"
Rep. Brendan Boyle (D-Pa.), ranking member of the House Budget Committee, said that the terrible jobs report was a direct reflection of Trump's economic mismanagement.
"Month after month, the data shows Donald Trump’s economy is failing American families," Boyle said. "The job market is weakening, costs remain high, and Trump’s illegal tariff taxes continue to hurt businesses and workers. Trump and his allies in Congress know their agenda isn’t working. Instead of helping working families, they are pushing more tariff taxes and more tax breaks for billionaires. It is clear Republicans in Washington simply do not care about working families."
Alex Jacquez, chief of policy and advocacy at Groundwork Collaborative, declared that "the deterioration in the labor market is visible from space," and pinned the blame on "Trump’s reckless economic agenda."
"As the president piles on blanket tariffs and oil prices soar," Jacquez said, "today's report confirms he's sent the economy straight into a stagflation spiral."
University of Pennsylvania economist Heather Boushey said weakness in the US economy had been evident for several months, although Friday's jobs report showed the largest job losses of any month during Trump's second term.
"Today's data should not come as a shock as there have been signs of weakening in the US labor market for quite some time," she said. "The Trump administration’s focus on undermining the US economy rather than investing in America may be coming home to roost."
Daniel Hornung, policy fellow at the Stanford Institute for Economic Policy Research, said that the bad jobs report will make things even harder for the US Federal Reserve when it comes to making interest rate cut decisions.
"This morning’s report... comes at a difficult moment, with inflation still above target and an oil price shock threatening to raise inflation further," Hornung said. "The report complicates the Fed’s efforts to keep both unemployment and inflation low, and it makes it difficult for the [Trump] administration to argue heading into the midterms that their policies are leading to the kind of growth or improvement in living standards that they’ve long promised."
There has been "almost no hiring since April," observed one economist.
The US labor market appears to be running on fumes under President Donald Trump, as the latest jobs report revealed that the American economy added just 50,000 jobs in December, below economists' consensus estimate of 55,000 jobs.
The report, released on Friday by the Bureau of Labor Statistics (BLS), also found that the US economy as a whole created just 584,000 jobs in 2025, which is less than a third of the 2 million jobs created in 2024 during the last year of former President Joe Biden's term.
The 2025 figure also marked the lowest number of annual jobs created since 2020, when the economy was shut down due to the Covid-19 pandemic.
Fox Business anchor Cheryl Casone couldn't put a happy spin on the jobs report after its release, as she noted that the gains of just 37,000 private-sector jobs on the month were "much weaker than expected."
"Private sector payrolls coming in much weaker than expected" -- Maria Bartiromo and company cope with an underwhelming December jobs report (wait for Stephen Moore's bonkers commentary at the end) pic.twitter.com/C5D8qu5h8f
— Aaron Rupar (@atrupar) January 9, 2026
Digging further into the report, Bloomberg economic analyst Joe Weisenthal observed on X that manufacturing employment has been hit particularly hard in recent months, despite Trump's vow that his tariffs would lead to a manufacturing revival in the US.
"It's not just that total manufacturing employment is shrinking," he explained. "The number of manufacturing sub-sectors that are adding jobs is rapidly shrinking. Of the 72 different types of manufacturing tracked by the BLS, just 38.2% are still adding jobs. A year ago it was 47.2%."
Heather Long, chief economist at Navy Federal Credit Union, noted that the weakness in the labor market extends beyond the manufacturing sector, as there has been "almost no hiring outside of healthcare and hospitality" since the start of Trump's second term.
Richardson also observed that "there was almost no hiring since April" of last year, when Trump announced his "Liberation Day" tariffs that sent shockwaves through the global economy.
Economist Dean Baker, co-founder of the Center for Economic and Policy Research, zeroed in on downward revisions in prior jobs reports, reinforcing that the current labor market is anemic.
"With the revisions, the average for the last three months was a fall of 22,000 [jobs]," Baker explained. "The healthcare and social assistance sector added an average of 49,000 jobs over this period, which means that outside of healthcare the economy lost an average of 71,000 jobs in the last three months."
Alex Jacquez, chief economist at Groundwork Collaborative, said the jobs report reflected a "lifeless economy," and he pinned the blame on Trump and his trade policies as a top reason.
"Working families face sluggish wage growth, fewer job opportunities, and never-ending price hikes on groceries, household essentials, and utilities," said Jacquez. "Despite the president's endless attempts to deflect and distract from the bleak economic reality, workers and job seekers know their budgets feel tighter than ever thanks to Trump’s disastrous economic mismanagement."
Economist Elise Gould of the Economic Policy Institute took a look at the jobs numbers and concluded the US labor market now is far weaker than the one Biden left Trump nearly one year ago.
"The slowdown in job growth this year is stark compared to 2024," Gould wrote on Bluesky. "The average monthly gain was only 49,000 in 2025 compared to 168,000 in 2024. Over the last three months, average job growth was actually negative, meaning there are fewer jobs now than in September."
Correction: An earlier version of this story misidentified the Navy Federal Credit Union's chief economist. That error has been corrected.
With the nomination of EJ Antoni to lead the Bureau of Labor Statistics, there is reason to be fearful of the Trump administration massaging or outright falsifying key economic statistics that help determine crucial benefits.
On Monday, U.S. President Donald Trump nominated EJ Antoni, the chief economist at the Heritage Foundation, to lead the Bureau of Labor Statistics, or BLS. The nomination came 10 days after Trump fired Erika McEntarfer, baselessly accusing her of having “rigged” the July jobs report, which showed a slowing labor market and contained large downward revisions to payroll employment for the previous two months. Antoni, in line with Trump’s false assertions of fraud, has proposed halting the monthly jobs report entirely.
Antoni is not the sort of figure you want at the helm of a statistical agency. He has a long history of egregiously misrepresenting BLS data or, perhaps worse, misunderstanding it in extremely basic ways. He has called Social Security a “Ponzi scheme” and said that we “need to sunset the program.” His nomination has been panned by figures across the political spectrum. Stan Veuger of the conservative American Enterprise Institute, for instance, minced no words in his statement to The Washington Post: “He’s utterly unqualified and as partisan as it gets.”
The partisan transformation of BLS holds untold dangers, given that BLS data is baked into our economic policy. Policymakers look at the rates of unemployment and inflation when setting policy, of course, but by law, several BLS data series also provide for the automatic adjustment of social insurance programs and welfare benefits. Juking the stats could harm the massive number of people that make use of these programs.
The most obvious way that BLS data affects our safety net is through the cost-of-living adjustment (COLA) afforded to retirees on Social Security—an annual benefit boost meant to keep up with inflation. The COLA is calculated using BLS’ Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), and in addition to retirees, people on Social Security Disability Insurance, Supplemental Security Income, and Veterans Disability Compensation receive COLAs. For many of the people on these programs, the benefits make up a significant chunk of their income. Roughly 40% of Social Security recipients receive more than 50% of their income from the program, for instance.
CPI data affects a number of other benefit programs as well. The Department of Agriculture uses CPI data to determine the cost of the Thrifty Food Plan, which is in turn used to calculate benefit allotments for the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps. The Department of Housing and Urban Development uses CPI data in the calculation of Fair Market Rents, a metric which determines the benefit amount for housing vouchers, among other applications. Eligibility for SNAP, Medicaid, and (in most states) Temporary Assistance for Needy Families is tied to the federal poverty level, which the Department of Health and Human Services updates annually using CPI data.
If Antoni is able to make inflation look artificially low to benefit Trump politically, anyone who receives any kind of inflation-adjusted income should feel cheated.
In all, according to the Bureau, “The CPI affects the income of more than 108 million people because of statutory action.” In other words, one-third of Americans have a source of income whose relationship to BLS data is written in the law. Virtually all of us will at some point in our lives receive benefits for which this is the case—assuming that Antoni is unsuccessful in sunsetting Social Security. The relationship between the CPI and your income also extends beyond public benefits: It is widely used in employment contracts, for example, for workers’ annual cost-of-living raises (especially in unionized workplaces).
Manipulating the stats is easier said than done, but if Antoni is able to make inflation look artificially low to benefit Trump politically, anyone who receives any kind of inflation-adjusted income should feel cheated.
In several states, the duration of state-level unemployment insurance benefits varies according to the state’s unemployment rate (recall that Trump fired Commissioner McEntarfer over the jobs numbers). In Florida and Georgia, residents are currently capped at 12 weeks of unemployment insurance based on their low unemployment rates (the standard in other states is 26 weeks). In April, Massachusetts extended the maximum duration of unemployment insurance from 26 weeks to 30 weeks based on its statutory trigger: that one of its metro areas had an unemployment rate greater than 5.1%. To make that determination, it used BLS’ Local Area Unemployment Statistics program.
At the federal level, we also have an extended benefits program, which provides 13 additional weeks of unemployment insurance to workers in states dealing with high unemployment. States are required to use an “insured unemployment rate” trigger, which turns “on” when a large portion of workers within the state are receiving unemployment insurance—calculated by states using the BLS’ Quarterly Census of Earnings and Wages. States can also adopt various optional triggers, all of which use BLS data in some way.
(BLS data serves as an input into much more than I am able to specify here. If you want to learn more, I recommend checking out the BLS’ Handbook of Methods. Pick a subject area, then a survey, then navigate to the “presentation” tab, where BLS often cites examples of how the data you have selected tends to be used—by researchers, agencies, the private sector, and more.)
With the nomination of EJ Antoni to lead BLS, there is reason to be fearful of the Trump administration massaging or outright falsifying key economic statistics. Antoni cannot be trusted to run the BLS as an independent, nonpartisan body, and we should watch the data accordingly. If Antoni can rig things to make the economy look better for Trump, bad data will feed into a system that takes these estimates at face value. Inflation is low, says Trump, so your COLA is low. Unemployment is low, says Trump, so you can’t remain on unemployment insurance.
Antoni certainly doesn’t seem to care if you lose out on some of the benefits you are duly owed. In a 2018 article co-written with Stephen Moore, Antoni said that “the cost of welfare” is “disgusting” and advocated for the government to “moderately and slowly cut benefits so that, over time, some programs can be eliminated.” (They declined to say which programs.)
Much of the law governing our safety net depends on assumptions that Trump has brought into question: that our economic data is sound, and that the civil servants producing it are impartial, rigorous, and dedicated to the data itself.
The BLS is also already struggling in ways that Antoni is likely to make worse. Trump’s hiring freeze has impeded the agency’s data collection efforts, as BLS and the Census Bureau, which collects the data for many of BLS’ surveys, have both lost many staffers. As a result, BLS has reduced data collection for the CPI substantially in recent months, and it has discontinued some 350 indexes in the Producer Price Index. This decline in data quality poses its own threat to our economic data, apart from Trump’s desire to see good numbers.
Antoni, for his part, has praised the Department of Government Efficiency’s mass firings of civil servants and in November advocated for DOGE to “take a chainsaw to the BLS.” Those comments suggest he’ll be disinclined to address—or even acknowledge—the understaffing problem.
Much of the law governing our safety net depends on assumptions that Trump has brought into question: that our economic data is sound, and that the civil servants producing it are impartial, rigorous, and dedicated to the data itself. If EJ Antoni is confirmed as BLS Commissioner, we will all have one more reason to fear for our economic security.
An alarming approach is emerging on job creation, economic growth, and tax collections: If reality doesn’t conform to the narrative, destroy the evidence.
Last week, U.S. President Donald Trump fired the commissioner of the Bureau of Labor Statistics, or BLS, in retaliation for publishing weak jobs numbers in the bureau’s monthly employment report. The Trump administration rightly received criticism for spooking investors and undermining the creditability of government data for this reckless move. But this is just the latest act in a broader erosion of the federal data infrastructure.
President Trump provided zero evidence to support his claim of a “rigged” report created to make him look bad. Janet Yellen, the former Treasury secretary and chair of the Federal Reserve, described the firing as “the kind of thing you would only expect to see in a banana republic.”
It’s crucial to understand the BLS is an independent, non-partisan, and highly respected agency tasked with producing data on jobs, wages, and prices. This data serves as the backbone for a broad swath of public and private decision-making. Researchers depend on these data to study the impacts of government decision-making on the economy, budgets, and people’s lives.
Trump’s latest attack on the BLS contributes to an alarming trend. For years, federal statistical agencies have been chronically underfunded. Under the Trump administration, additional budget cuts, federal hiring freezes, and mass layoffs are further straining agencies.
Distrust in data will harm every American, leaving businesses less able to prepare for a recession, labor unions less equipped for potential layoffs, families less able to predict how far their paycheck will go.
The collection of quality data is often labor-intensive, sometimes requiring massive field operations. When agency funding and staff levels cannot support the full collection effort, we risk losing the kind of data that is the hardest, and most essential, to collect: data in rural areas, smaller geographies, and often historically undercounted populations. This kind of slow data erasure poses serious challenges for tax policy research and modeling.
For example, the Census Bureau employs thousands of field representatives to interview households and businesses for a range of surveys. But since January, 1,300 Census Bureau employees have reportedly left, further hamstringing data collection in an already understaffed agency. Previously, when the agency faced funding shortfalls in 2016, it cancelled its field testing aimed at improving counts in Spanish-speaking areas and on Indigenous reservations for the 2020 Census. These hard-to-count communities are often central to our analyses of tax equity.
BLS faces similar challenges. Inflation data relies on data collectors to record price data from thousands of retailers across the country. These operations are being forced to scale back due to shrinking resources and in some cases have stopped altogether. Despite this, Trump’s 2026 budget proposal reduces the BLS budget by $56 million and proposes a major restructuring of the agency. This data is foundational to many aspects of modeling; it allows us to compare the impact of policy over time in “real” terms and project policy impacts out into the future.
At the Internal Revenue Service (IRS), staffing levels in the Research, Applied Analytics, and Statistics office have decreased by 29% since January. As a result, the IRS has indefinitely postponed its Joint Statistical Research Program, which produced original research and novel data sets that the Institution on Taxation and Economic Policy frequently relies on to inform our own modeling of tax policy and taxpayer behavior.
Distrust in data will harm every American, leaving businesses less able to prepare for a recession, labor unions less equipped for potential layoffs, families less able to predict how far their paycheck will go. At the height of Covid-19 deaths in June 2020, Trump famously said, “if we stop testing right now, we’d have very few cases if any.” A similar approach is emerging on job creation, economic growth, and tax collections: If reality doesn’t conform to the narrative, destroy the evidence.
The federal government’s statistical agencies are full of nonpartisan career economists and statisticians who work hard to be responsible stewards of our nation’s data. And they continue to do so even under tight resource constraints and amid a fiercely partisan political environment. But last week’s attacks on BLS fuel growing fears among researchers and policy analysts that the data we rely on to understand policy may one day be compromised, suppressed, or deleted altogether.
"The racism here is on steroids," said one critic about Trump's statements on immigrant farmworkers.
U.S. President Donald Trump gave a lengthy interview to CNBC on Tuesday and critics quickly pounced on the president for telling a large number of false claims on topics ranging from monthly jobs numbers to the price of gas to international trade agreements.
Toward the start of the interview, CNBC host Joe Kernen pushed back on Trump's claims that the Bureau of Labor Statistics had "rigged" job creation numbers against him and debunked a Trump statement that the BLS had covered up negative jobs data revisions under the Biden administration until after the November 2024 presidential election.
Trump, however, insisted that his statements about hiding downward revisions until after the election were correct even though the biggest downward revisions actually occurred in August 2024, well before the election took place.
Trump is on CNBC making a case that jobs numbers are rigged -- even as MAGA-friendly host Joe Kernen tries to push back pic.twitter.com/9jAkiCDI8h
— Aaron Rupar (@atrupar) August 5, 2025
Commenting on Trump's assertion, Media Matters for America senior fellow Matt Gertz described it as "completely backwards."
"The BLS announcement on November 1 [2024] showed weak growth of 12,000 jobs in October and downward revisions to August/September of 112,000," Gertz explained on X. "Then after the election, the October figure was revised upward. Impossible to tell if Trump is lying, dumb, or sundowning."
Nick Tiriamos, the chief economics correspondent for The Wall Street Journal, similarly said that Trump was "getting his dates wrong" when he asserted a cover-up of negative jobs numbers given that "the big downward revision" was reported before the election took place.
Trump also made also false claims about the price of gas in the United States falling to just $2.20 per gallon, which prompted Kernen to note that the lowest prices he's seen for gas in the U.S. were $2.80 per gallon.
TRUMP: Joe, looking at energy. Energy is down $2.20 cents a barre-- a gallon for a car
KERNEN: I've seen $2.80 pic.twitter.com/6GIfGG5JJf
— Aaron Rupar (@atrupar) August 5, 2025
National security attorney Bradley Moss slammed Trump for his claim about gas prices and added that the latest data show that inflation has been accelerating in recent months as the president's tariffs begin to force companies to raise prices.
"The rest of the country is suffering from higher prices on everything, and this senile old man is living in a fantasy world in which it's simply not happening," he wrote on Bluesky.
Trump proceeded to make false claims about the trade deal he had recently struck with the European Union when he said that the agreement gave him "$600 billion to invest in anything I want." This drew the ire of Steve Peers, a professor of E.U. and human rights law at Royal Holloway University of London.
"Well no, it's a vague, nonbinding, unwritten nonstatement about companies' future investment plans, not cash for him to personally control," Peers commented on Bluesky. "But enjoy your weird demented fantasy, I guess."
Another eye-popping Trump statement came when he tried to defend the use of immigrant labor in the American agricultural industry by claiming that the immigrants had unique physical attributes that were absent from American workers.
"People that live in the inner city are not doing that work," Trump said of the prospects of American citizens picking crops. "They've tried, we've tried, everybody tried. They don't do it. These people [immigrants] do it naturally. Naturally... they don't get a bad back, because if they get a bad back, they die."
Trump on undocumented farm workers: "People that live in the inner city are not doing that work. They've tried, we've tried, everybody tried. They don't do it. These people do it naturally. Naturally ... they don't get a bad back, because if they get a bad back, they die." pic.twitter.com/HxXtKtIPLa
— Aaron Rupar (@atrupar) August 5, 2025
This statement drew the attention of Branden McEuen, a historian at Wayne State University who specializes in teaching about the history of the eugenics movement. Specifically, McEuen linked Trump's statement to past racist beliefs about people of color being genetically predisposed to engage in manual labor.
"Trump saying people of color are naturally suited to farm labor sure sounds a lot like the slaveholders that said slaves were naturally inclined to servitude," he remarked.
SiriusXM radio host Michelangelo Signorile picked up a similar vibe from Trump's statement about farmworkers.
"The racism here is on steroids, as Trump tried to make [the] case to MAGA that farmers need exemptions," he wrote. "[Trump] says brown people do hard labor 'naturally' and don't get [a] bad back, while also saying they've tried to replace them with people 'in the inner city' but they can't get them to do the work."