President Trump has denounced revised U.S. non-farm payroll statistics as fraudulent while authorizing significant military deployments following controversial data revisions by the Bureau of Labor Statistics (BLS). The BLS downwardly adjusted May and June 2024 employment figures by 258,000 positions combined, slashing May’s reported job gains from 144,000 to 19,000 and June’s from 147,000 to 14,000.
Responding to the revisions, President Trump terminated Erika McEntarfer as BLS Director during ongoing scrutiny of the agency’s methodology. His administration publicly labeled the adjusted statistics as a deliberate hoax – a stance political analysts connect to election-year strategies undermining public trust in government reporting.
Simultaneously, Trump ordered the dispatch of two nuclear submarines to Russian maritime borders following inflammatory remarks by Russian official Medvedev. Economists warn the dramatically lower employment figures could disrupt Federal Reserve policy trajectories and reshape near-term economic forecasts.