Tag Archives: BLS

Trump’s Economy

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The charts above are certainly things Donald Trump did not want to see. Unemployment rate up. Total employment down. They come from the Bureau of Labor Statistics‘ report on employment in the United States for August. Just last month the July report, showing a slowing economy, led Trump to fire BLS Commissioner Erika McEntarfer. I wrote a few weeks ago that it was a case of shooting the messenger. Trump falsely claimed downward revisions in the August report were “rigged” to make Republicans look bad. BLS revisions are routine and based on updated employer data. It would be nearly impossible to “rig.”

Just 22,000 nonfarm payroll jobs were added in August. That was below expectations and continued the summer slowdown. The Unemployment Rate rose slightly to 4.3%, up from 4.2% in July. Long-Term Unemployment held steady at 1.93 million, now representing over 25% of all unemployed individuals.

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Kill the Messenger

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Every damn day. That’s what it seems like. Every damn day the man seventy-seven million Americans voted back into office does something more outrageous than the day before. It is exhausting.

Trump eviscerates environmental protections. He accuses former President Barack Obama of treason. He rips up labor agreements. He plans to privatize Social Security. He forces the Smithsonian to take down an exhibit that includes his two impeachments. The European Union, Japan, Columbia University, and CBS are all surrendering to him.

And now he fires the head of the Bureau of Labor Statistics because he doesn’t like the jobs numbers.

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