The Trump administration plans to release a report criticizing the Bureau of Labor Statistics in the near future.
Jinse Finance reported that, according to sources, five weeks after President Trump dismissed the head of the U.S. Bureau of Labor Statistics, his advisers are preparing a report outlining the flaws in the Bureau's employment data. The report takes a critical look at the Bureau of Labor Statistics and provides an overview of the history of revisions to the agency's employment data. The Trump administration is considering releasing this research report, written by the Council of Economic Advisers, in the coming weeks. The U.S. Bureau of Labor Statistics will release the annual non-farm benchmark revision data tonight (the 9th). (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Inflation surpasses expectations, impacting small-cap stocks; Russell 2000 drops nearly 2%, confirming a technical correction
On Wednesday, approximately four-fifths of the constituents in the Russell 2000 Index recorded declines. Since its peak in August, the index has dropped by 11%, falling below its 200-day moving average and entering a technical correction for the first time since March this year. Analysis indicates that with the US CPI rising more than expected and the probability of rate hikes increasing, small-cap, consumer, and transportation stocks are facing "sustained and long-term resistance."
Inflation and interest rates hit simultaneously, Russell 2000 plunges 11% from August high, marking its first technical correction since March
With both inflation and interest rates rising, the Russell 2000 has fallen 11% from its August peak, breaking below its 200-day moving average and recording its first technical correction since March.
Tesla (TSLA.US) and SpaceX (SPCX.US) merger countdown? Barclays: Announcement possible this year, obstacle lies in shareholder voting
Barclays analysts stated that a potential merger between Elon Musk's Tesla and SpaceX could be announced before the electric vehicle manufacturer's annual shareholder meeting.
