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Latest News  + Economy  | 
Trump Fires BLS Commissioner After Weak Jobs Report 

Trump Orders Firing of BLS Commissioner After Weak Jobs Report 

In a statement posted to his campaign social media platform, President Donald Trump accused Erika McEntarfer, Commissioner of the U.S. Bureau of Labor Statistics —without offering evidence—of overseeing “flawed and manipulated job numbers” intended to benefit Democratic political figures and announced plans to appoint a replacement he described as “more competent and qualified,” just hours after the release of a disappointing July jobs report. 

The July report showed the U.S. economy added only 73,000 jobs, well below expectations of 110,000, while May and June job growth was revised down by a combined 258,000—one of the steepest two-month downward revisions in more than a decade. 

Trump’s move is already drawing sharp criticism from economists and political observers, who view the firing as a direct attack on the integrity and independence of federal statistical agencies. The White House is now accelerating the search for a successor, reportedly favoring individuals with closer ties to Trump’s prior economic team and campaign operations. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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