BTCC / BTCC Square / Cryptopolitan /
JD Vance & Labor Secretary Clash With Trump Over ’Rigged’ Jobs Data Claim

JD Vance & Labor Secretary Clash With Trump Over ’Rigged’ Jobs Data Claim

Published:
2025-08-02 01:52:20
16
3

JD Vance, Labor Secretary reject Trump’s claim that jobs data is rigged

Political sparks fly as Vance and Biden's Labor Secretary push back on Trump's explosive jobs report allegations.

Who's twisting the numbers—or just salty about economic reality?

Meanwhile, Wall Street shrugs—another day, another politicized dataset to trade against.

Chavez-DeRemer defended numbers before Trump fires BLS chief

The BLS report showed payrolls increased by only 73,000 in July, and previous months were revised down by nearly 260,000, bringing the three-month average to 35,000, the lowest since the pandemic era. Chavez-DeRemer said the unexpected revisions were mostly in education and seasonal work, noting, “62% of those were in education and seasonal workforce. So, we sometimes see the numbers catch up to what’s on the ground.”

She also highlighted Trump’s economic steps in early July, pointing to his passage of a tax and spending bill and his use of tariffs to negotiate new trade deals. While Chavez-DeRemer worked to steady the narrative, Trump moved in another direction. On X, the labor secretary named William Wiatrowski, the deputy, as the new acting commissioner.

“I agree wholeheartedly with POTUS that our jobs numbers must be fair, accurate, and never manipulated for political purposes,” Chavez-DeRemer posted right after Trump fired the BLS chief, repeating the repeating unproven claims.

Trump lashes out at BLS and Powell as backlash grows

The BLS, which reports to Chavez-DeRemer’s department, reportedly confirmed the firing through a statement to CNBC: “BLS can confirm Commissioner Erika McEntarfer was terminated today. Deputy Commissioner William Wiatrowski will serve as Acting Commissioner for BLS.”

Trump has long criticized the bureau’s data handling, especially around large revisions. Last year, the BLS adjusted its 12-month payroll total down by 818,000 jobs for the period ending in March 2024.

That gave the WHITE House another reason to question the agency’s reliability. In his most recent spending proposal, Trump pushed for an 8% staff cut at the BLS, raising new concerns over its ability to handle labor, price, and economic figures without relying on estimated inputs.

Before the Friday report dropped, Trump was still celebrating the previous month’s jobs data. After the June figures were released, the White House called it a “June Boom.” But that tone changed after Friday’s numbers came in, and the markets quickly reacted. The Dow Jones fell by over 500 points, the Nasdaq dropped more than 2%, and Treasury yields took a hit.

William Beach, who led the BLS before McEntarfer and was appointed by Trump in 2017, said the MOVE was unjustified. “The totally groundless firing of Dr. Erika McEntarfer, my successor as Commissioner of Labor Statistics at BLS, sets a dangerous precedent and undermines the statistical mission of the Bureau,” Beach wrote on X. In a longer statement, he added, “This escalates the President’s unprecedented attacks on the independence and integrity of the federal statistical system. The President seeks to blame someone for unwelcome economic news.”

Meanwhile, for the third time in the past 24 hours, Trump also attacked Federal Reserve Chair Jerome Powell, criticizing his refusal to lower interest rates. Powell has said the Fed won’t make a move until it sees how Trump’s tariffs affect inflation.

KEY Difference Wire helps crypto brands break through and dominate headlines fast

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users