💨 Abstract

The article discusses concerns raised by critics after U.S. President Donald Trump fired the director of the Bureau of Labor Statistics (BLS) following disappointing employment data. Critics fear potential political manipulation of economic data, citing historical precedents like Greece and Argentina, where false data led to economic turmoil. The White House asserts the move aims to improve data accuracy. Economists warn that credible government data is crucial, especially for the largest global economy, the U.S.

Courtesy: WTOP Staff