Don't like the numbers? Don't report them. Easy peasy.
E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics, suggested suspending the agency’s closely watched monthly jobs report, arguing that its underlying methodology, economic modeling and statistical assumptions are fundamentally flawed.
In an Aug. 4 interview with Fox News Digital ahead of Monday’s nomination announcement, Antoni criticized the data behind the monthly jobs report as unreliable and frequently overstated, warning that it misleads key economic decision-makers from Washington to Wall Street.
"How on earth are businesses supposed to plan – or how is the Fed supposed to conduct monetary policy – when they don’t know how many jobs are being added or lost in our economy? It’s a