Economists respond to Trump’s claim of ‘rigged’ jobs data, revealing the reality of job report revisions, the BLS’s role, and why politicizing economic numbers undermines trust. Dive into global contrasts, revision practices, and what really drives market reaction.
The real-world funding and staffing problems that weakened the Bureau of Labor Statistics—making it an easy target during President Trump’s administration—and discover why job data revisions aren’t necessarily a scandal.
If President Trump tampers with economic data, markets and Americans won’t be fooled. Explore why market reactions, bond risk premiums, and consumer sentiment prove that truth in economic reporting matters far more than political spin.