Reported about 14 hours ago
Former Labor Statistics Chief William Beach condemned President Trump's decision to fire successor Erika McEntarfer, calling it unjustified and damaging to the credibility of economic data. The dismissal followed a weak jobs report, leading to concerns from economists regarding the integrity of labor statistics. Beach emphasized the importance of maintaining trust in the Bureau of Labor Statistics, suggesting that the agency has improved its data accuracy over the years. Bank of America CEO Brian Moynihan also highlighted the need for better data collection methods to enhance public trust.
Source: YAHOO