4.7 • 9.2K Ratings
🗓️ 4 August 2025
⏱️ 10 minutes
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0:00.0 | NPR. |
0:02.0 | This is the Indicator from Planet Money. |
0:13.0 | I'm Darien Woods. |
0:14.0 | And I'm Waylon Wong. |
0:16.0 | Here at the indicator, jobs growth is one of our favorite economic indicators. |
0:20.0 | It's this really direct measure of how the |
0:23.0 | economy is going in a way that has this tangible, wide-reaching effect on everyday people. |
0:29.6 | But somehow, over the last few days, this has also become one of the most controversial |
0:34.4 | indicators. On Friday, President Trump posted on Truth Social that he had directed his team to fire |
0:41.1 | the Commissioner of Labor Statistics, Erica McIntyff. |
0:44.3 | Shake up at the Bureau of Labor Statistics. |
0:47.2 | President Trump took to Truth Social. |
0:49.3 | He said that he is directing his team to fire the head of the commissioner. |
0:53.0 | And now this bizarre firing or soon to be firing, what do we know? |
0:58.1 | Now William Riatrowski, Deputy BLS Commissioner, is acting until a replacement can be appointed. |
1:04.1 | This was all after a weak jobs report and major downward revisions to the number of new jobs |
1:10.5 | reported for the previous |
1:11.5 | few months. Trump posted that the numbers were rigged, and he also accused Erica McIntafa |
1:17.3 | of faking the jobs numbers before the election to boost Carmel Harris's chances of winning. |
1:23.2 | We've covered how the Bureau of Labor Statistics has multiple layers of protection from meddling, |
1:28.1 | making that extremely unlikely. |
1:30.6 | Now, we at the indicator always try to understand, really understand, what's going on with |
... |
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