Labor Department watchdog launches probe into the Bureau of Labor Statistics

9 days ago
31

The Department of Labor’s internal watchdog is reviewing the Bureau of Labor Statistics (BLS) to examine how it collects and reports key economic data, including monthly inflation and jobs reports.

Laura Nicolosi, assistant inspector general for audit, announced the review in a September 10 letter to acting BLS commissioner William Wiatrowski, citing recent large downward revisions to payroll estimates as a primary concern.

The BLS produces employment data through surveys of households and businesses, supplemented by state unemployment claims, and frequently revises prior months’ figures as more complete information becomes available.

The review will also scrutinize the BLS’s handling of inflation data, including the Producer Price Index and Consumer Price Index, amid recent U.S. inflation increases, CBS News has reported.

Former BLS commissioner Erika McEntarfer was fired by President Trump in August, who accused her of political bias following weaker-than-expected job growth and revised payroll figures; she has defended the bureau’s work, highlighting dedicated staff and challenges due to budget cuts.

Economists have warned that undermining trust in federal statistics could harm markets, investment, and economic growth, with ripple effects on households, businesses, and global markets.

read more: https://www.cbsnews.com/news/bls-jobs-inflation-department-of-labor-trump/

👍 Like this video to stay informed about the Department of Labor’s review of the Bureau of Labor Statistics and its impact on jobs and inflation data.
💬 Comment below—do you trust the government’s economic numbers, or do you think reforms are needed?
🔗 Share this video to help others understand why accurate economic data is critical for households, businesses, and global markets.
💰 Want to support the channel? You can donate directly by hitting the YouTube Thanks button—your support helps us continue breaking down important economic and political developments.
👉 Don’t forget to subscribe for more updates on jobs, inflation, and U.S. economic policy.

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

Follow Me On BlueSky
https://bsky.app/profile/bcbegley.bsky.social

Watch Me On TikTok
https://www.tiktok.com/@bcbegley

#BLS #LaborStatistics #EconomicData

Loading comments...