Controversy at the BLS

Controversy at the BLS

Published: August 7, 2025

Duration: 39:39

We dive into the sudden firing of the Bureau of Labor Statistics Commissioner following large downward revisions to the most recent jobs data. Everything is still pretty new, but we get a chance to talk about the scale of the revisions, the normalcy of such adjustments, and the potential implications of politicizing economic data. It's a first reaction to a surprising move with potentially big economic and institutional stakes.

In this episode, we discuss:

* The scale and context of recent BLS jobs data revisions

* Why revisions are a normal and expected part of...