4.6 β’ 29.8K Ratings
ποΈ 9 August 2025
β±οΈ 35 minutes
ποΈ Recording | iTunes | RSS
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0:00.0 | This is Planet Money from NPR. |
0:05.8 | Amy O'Hara is a data person. |
0:09.3 | Trained as an economist, worked at the U.S. Census Bureau, now works at something called the |
0:13.9 | Massive Data Institute at Georgetown, and that's where she was last Friday, getting ready |
0:19.9 | to go out of town to Nashville for a big |
0:22.5 | statistics conference. It would have been a pretty chill Friday before travel. You know what I mean? |
0:29.2 | But it wasn't. It wasn't because in the middle of the day, Amy comes out of her office to meet |
0:34.2 | one of her colleagues. He's coming to pick up some stickers that they're planning to bring to that conference, stickers, all about how important good data is. But when |
0:42.7 | Amy comes out of the office, she realizes that her colleague does not look happy. He's like, |
0:48.2 | have you heard? Wow, did you hear about BLS? I said, no, what about BLS? BLS, the Bureau of Labor Statistics. As you may have |
0:57.4 | heard, they released their monthly jobs report last Friday, and it was a bad one. The economy is |
1:02.8 | adding fewer jobs than people expected. And the BLS also released their revisions to the previous |
1:09.3 | two months of jobs data. And those two months |
1:12.1 | were worse than we had thought. Revisions always happen, and these revisions were big, |
1:18.0 | but within a normal range. Basically, the report said that the labor market is not doing so great. |
1:24.6 | President Donald Trump, upon getting this bad news, fired the head of the Bureau of Labor |
1:29.3 | Statistics, a career statistician named Erica McIntyrefer. Amy and her colleague both know Erica, |
1:36.2 | and they're both shocked. Just literally standing there in silence for, I don't know, 20 or 30 seconds, |
1:42.3 | letting it sink in, because something had dramatically shifted don't know, 20 or 30 seconds, letting it sink in because something had dramatically shifted. |
1:48.0 | You know, it was that the norms that statistical information could be produced without political |
1:54.4 | interference, those norms were shattered. |
1:57.1 | The BLS is responsible for all kinds of important government statistics, the |
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