Jobs

Jobs data revisions are common. Here’s how the process works.
Politics

Jobs data revisions are common. Here’s how the process works.

President Donald Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week’s jobs report “was rigged” without providing any evidence. But former Labor Statistics officials say that the commissioner typically doesn’t have a role in preparing the monthly jobs report. “There’s no way for that to happen,” said William Beach, Trump’s […]

Read More
Trump stokes conspiracies about jobs data, as White House defends firing BLS chief
Politics

Trump stokes conspiracies about jobs data, as White House defends firing BLS chief

U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment […]

Read More
Amazon cuts some Wondery podcast jobs as part of reorganization of audio business
Technology

Amazon cuts some Wondery podcast jobs as part of reorganization of audio business

The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty Images Amazon is terminating some positions in its Wondery podcast division and the head of the group is leaving as part of […]

Read More
CNBC Daily Open: That’s not how revisions to jobs numbers work
World

CNBC Daily Open: That’s not how revisions to jobs numbers work

U.S. President Donald Trump boards Air Force One on August 1, 2025 at Joint Base Andrews, Maryland. Anna Moneymaker | Getty Images News | Getty Images After U.S. jobs figures for May and June were revised significantly downward by the Bureau of Labor Statistics — slashing a combined 258,000 from previous figures — President Donald […]

Read More
‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers
Politics

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers

White House economic adviser Kevin Hassett speaks with reporters in the driveway outside the West Wing of the White House in Washington, DC, U.S., March 19, 2025.  Kevin Lamarque | Reuters National Economic Council Director Kevin Hassett on Sunday defended President Donald Trump’s sudden decision to fire the Bureau of Labor Statistics commissioner, without citing […]

Read More
Trump ‘soft, weak and afraid’ in firing labor statistics chief McEntarfer: Wyden
Politics

Trump ‘soft, weak and afraid’ in firing labor statistics chief McEntarfer: Wyden

The top Democrat on the Senate Finance Committee called President Donald Trump’s firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday “the act of somebody who is soft, weak and afraid to own up to the reality of the damage his chaos is inflicting on our economy.” “Bottom line, Trump wants to cook […]

Read More
‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Finance

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say

Key Points The July 2025 jobs report suggests a sharper slowdown in U.S. job growth than previously thought, economists said. President Donald Trump’s tariff policy is among the economic headwinds contributing to slower job creation and hiring, economists said. Immigration policy and relatively high interest rates are other factors, they said. Job seekers face a […]

Read More
U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
World

U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

An attendee holds an “Entry Level Jobs” flyer at a City Career Fair hiring event in Sacramento, California, on Feb. 27, 2025. David Paul Morris | Bloomberg | Getty Images Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job […]

Read More
Painters, nursing assistants, and more: Microsoft’s top 10 most AI-safe careers
World

Painters, nursing assistants, and more: Microsoft’s top 10 most AI-safe careers

Blue-collar jobs are least likely to be impacted by AI, Microsoft research finds. Reza Estakhrian | The Image Bank | Getty Images Blue-collar jobs have a new sheen to them as desk workers become increasingly vulnerable to being replaced by artificial intelligence. Microsoft examined the link between how much certain workers rely on AI tools […]

Read More
How Canadian boycotts are impacting the U.S.
Travel

How Canadian boycotts are impacting the U.S.

Amid rising trade and political tensions, Canadian consumers are increasingly turning their backs on American products. Giancarlo Trimarchi, owner of Vince’s Market, a Canadian grocery chain, has seen the backlash firsthand. “Customers are demanding as much Canadian product as possible and get upset when they see U.S. goods,” he said. In a move that could […]

Read More