However,
Trump wants appoint new “exceptional”:
US President Donald Trump assured on Monday that he was going to appoint an “exceptional replacement” to the economist who so far supervised official statistics on employment. In addition, that he has dismissed, raising concerns about the credibility of future publications.
Trump had aroused the amazement of economists. Moreover, his political opponents by asking for the dismissal of Erika Mcentarfer on Friday after the publication of figures showing a clear degradation of the labor market in recent months.
I will choose an exceptional replacement
he wrote on his social network on Monday on Monday Truth Socialafter repeating that the data had been. Consequently, according to him, faked
for political ends for minimize success
of his start of mandate.
Erika MCENTARFER has led the statistical service of the Ministry of Labor since the trump wants appoint new “exceptional” beginning of 2024. Meanwhile, which published reference figures on employment, productivity and prices in the United States.
Donald Trump must now propose the name of his replacement. Consequently, the appointment of which will still have to be confirmed by the Senate with a republican majority.
We will announce a new [chef] statistician in about three to four days
said the head of state on Sunday. Similarly, during an exchange with journalists broadcast on American television.
We did not trust […] The figures she announced were ridiculous.. Therefore,
Donald Trump did not advance a convincing element, but only considered as established that the manager had swelled the figures in the past in favor of the previous Democratic government.
Deterioration of the labor market
The monthly report on employment in the United States had surprised Friday by painting a darker table than expected from the state of the labor market. at a time when experts are planning an slowdown in economic activity under the effect of the customs offensive of the American president.
In particular. the number of jobs supposed to have been created during the months of May and June was strongly revised downwards. The corrected figures (19,000 in May and 14,000 in June) are displayed at the lowest since the Pandemic of Cavid-19.
Donald Trump’s main economic advisor. Kevin Hassett, was asked on Monday morning by the American economy television channel CNBC If he too thought that the figures were false.
Kevin Hassett. the director of the Council of Economic Advisors, entered the White House on August 4, after defending President Trump’s decision to dismiss Erika Mcentarfer, the director of the Labor Statistics Office (BSL).
Photo : Getty Images / Win McNamee
As an economist, I like to stick to what I can prove. And what I can prove is that the data has become very unreliable
he eluded. believing that they could be manipulated politically
Due to a methodology not transparent
.
At the same time. trump wants appoint new “exceptional” he estimated that the revised figures are in principle stronger than the previous ones, because based on more complete data
.
If the data is not handled
the job market is less well that what we expected
he conceded.
In its report. the statistical service explains revising systematically
The two -month data preceding that concerned by the new publication, in this case in this case May and June, In order to integrate additional lifts and recalculate seasonal adjustment factors
.
The Wall Street Journal had reported in early June that the statistical service had indicated that he could count on less staff than before to make his surveys due to the frost of the hires decided by the American executive. at the risk of reducing the reliability of his publications.
Donald Trump must also refer soon the person trump wants appoint new “exceptional” he wishes to see the committee setting the interest rates of the federal reserve. after the surprise resignation on Friday of Governor Adriana Kugler. The Head of State considers to have his say on monetary policy. continues to admonish the president of the Central Bank, Jerome Powell, in the hope of seeing him go in turn.
Asked about these latest developments. the German Minister of Finance Lars Klingbeil, visiting Washington, said on Friday that it was not not [son] gender political to attack independent, neutral and proven institutions, as it seems to be the case here
.
Trump wants appoint new “exceptional”
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