The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome Powell.
“Today, the BLS released the largest downward revision on record proving that President Trump was right: Biden’s economy was a disaster and the BLS is broken,” White House Press Secretary Karoline Leavitt said in a statement.
“This is exactly why we need new leadership to restore trust and confidence in the BLS’s data on behalf of the financial markets, businesses, policymakers, and families that rely on this data to make major decisions,” she said.
“Much like the BLS has failed the American people, so has Jerome ‘Too Late’ Powell – who has officially run out of excuses and must cut the rates now.”
The Labor Department report showed that the U.S. economy created fewer jobs than had been initially reported in the year that began in March 2024.
