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BTCC / BTCC Square / Global Cryptocurrency /
BLS Jobs Report Remains Gold Standard Amid Political Turmoil

BLS Jobs Report Remains Gold Standard Amid Political Turmoil

Author:
Global Cryptocurrency
Published:
2025-09-04 20:39:01
11
1
BTCCSquare news:

Economists continue to rely on Bureau of Labor Statistics data as the definitive measure of U.S. employment trends, despite recent leadership changes. Friday's report marks the first release since President TRUMP dismissed the agency's director amid unfounded allegations of data manipulation.

Private sector indicators from ADP and others show cooling hiring trends, with August projections hovering NEAR 75,000 new jobs. Yet market participants overwhelmingly prioritize government figures, valuing the BLS's comprehensive surveys and decades-long consistency over alternative metrics.

|Square

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