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Brian Lehrer: A Daily Politics Podcast

First Jobs Numbers After Trump Fired BLS Chief: Even Worse

Brian Lehrer: A Daily Politics Podcast

WNYC Studios

Public, 2020, Election, Brian, Journalism, News Commentary, Daily News, Radio, News, History, Wnyc, Lehrer, Daily, Politics

4.4663 Ratings

🗓️ 10 September 2025

⏱️ 24 minutes

🧾️ Download transcript

Summary

A closer look at the adjustments to hiring numbers showing 911,000 fewer jobs were created in the 12 months before March 2025.

Transcript

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0:00.0

From WNYC Studios. I'm Brian Lehrer. This is my daily politics podcast. It's Wednesday, September 10th.

0:15.0

So as you know, every month, the government, federal government, releases a jobs report, right?

0:20.4

Numbers, Wall Street, the Federal

0:21.8

Reserve, and the White House all watch closely for many reasons. But this week, we learned

0:27.4

those numbers have been way, way off. The Bureau of Labor Statistics annual revision,

0:33.3

when they do once a year, found the economy added 911,000 fewer jobs in the year ending in March

0:42.7

than first reported.

0:44.3

That means growth that looked solid at the end of the Biden administration, the very beginning

0:48.4

of the Trump administration, was in fact much weaker.

0:51.5

And the news arrives just weeks after President Trump famously fired the head

0:57.1

of the Bureau of Labor Statistics. It covers, as I say, the final stretch of the Biden administration

1:02.5

in the first months of Trump's second term. It also comes at a moment when hiring has slowed

1:09.4

in the present. Unemployment has ticked up, and even the reliability

1:13.1

of the numbers themselves is becoming a political issue, right? There are concerns Trump will

1:19.1

politicize the numbers so much as to make them meaningless. He has also floated the idea of

1:24.7

ending the monthly jobs report, and we'll talk about that, among other things,

1:29.5

with our guest, Ben Castleman, Chief Economics correspondent for the New York Times. Ben, welcome

1:34.5

back to WNIC. Hi. Thanks for having me. Great to be here. So briefly, because I want to get to

1:40.8

underlying issues, this 911,000 fewer jobs revision in the year ending in March,

1:49.1

how unusual is that? So I think it's worth taking just a second on sort of what this is, right?

1:55.2

As you say, there are these monthly numbers that come out, you know, every month that we all pay

1:59.4

attention to. Those are based on a

...

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