The U.S. Department of Labor is investigating discrepancies in employment data, potentially impacting economic assessments and market reactions. The review, initiated by the Office of Inspector General (OIG) […]
U.S. Labor Bureau Faces Leadership Shortage Amid Hiring Freeze
The U.S. Bureau of Labor Statistics (BLS), which provides vital employment and inflation information, is struggling with significant leadership vacancies. A third of its senior positions remain unfilled, […]
Labor Secretary Questions Employment Data Accuracy
U.S. Labor Secretary Marty Walsh has publicly questioned the integrity of employment data released by the Bureau of Labor Statistics following recent revisions. He highlighted the need for […]
Trump Administration Critiques U.S. Labor Statistics Bureau
The Trump administration is preparing a report critical of the U.S. Bureau of Labor Statistics (BLS), which was recently dismissed by President Donald Trump five weeks ago. The […]
U.S. Short-Term Rates Surge Following Employment Data Release
U.S. short-term interest rate futures saw a rise following the release of the latest employment data. Traders are betting that the Federal Reserve will likely make further reductions […]
Trump Administration Investigates Employment Data Collection Changes
The Trump administration is exploring potential alterations to the collection and release methods of federal employment data following a recent departure of the Bureau of Labor Statistics director […]
ADP Employment Report for May Out Tonight at 20:15 UTC+8
The U.S. Labor Department will release the latest ADP employment figures for May, also known as the small non-farm payroll data, tonight at 20:15 UTC+8. These insights provide […]
Federal Reserve Rate Cut Delayed: Strong Employment Data Hints at Continued Policy Stance
Despite recent positive job market figures, financial institutions Goldman Sachs and Barclays now anticipate the Federal Reserve’s next interest rate adjustment may not happen until July. Their forecast […]
Market Cheers Positive Employment Data Amid Tariff Uncertainty
Relief swept through the financial markets today as U.S. employment data surpassed expectations, according to BlockBeats reports. Despite lingering anxieties about an impending recession, investors seem poised for […]