Published Wed, Sep 10 202510:51 AM EDTUpdated Moments Ago
Key Points
- The Labor Department's Office of Inspector General said it is reviewing the "challenges" that the Bureau of Labor Statistics is facing successful its data-collection efforts.
- The probe comes successful airy of BLS announcing a simplification successful its information postulation for 2 cardinal ostentation metrics, and aft a caller "large downward revision of its estimation of caller jobs."
- President Donald Trump fired the agency's erstwhile caput successful aboriginal August successful effect to a anemic monthly jobs report.
Erin Scott/Bloomberg via Getty Images
The Labor Department's Office of Inspector General said Wednesday it is reviewing the "challenges" that the Bureau of Labor Statistics is facing successful its data-collection efforts.
The interior watchdog, successful a letter, said it was initiating that probe aft BLS announced a simplification successful its information postulation for 2 cardinal ostentation metrics.
The reappraisal besides comes successful airy of BLS precocious issuing a "large downward revision of its estimation of caller jobs successful the monthly Employment Situation Report," adjunct inspector wide for audit Laura Nicolosi wrote.
The missive was addressed to William Wiatrowski, who has served arsenic BLS' acting commissioner since President Donald Trump fired the agency's erstwhile head successful aboriginal August successful effect to a anemic monthly jobs report.
"Our absorption volition beryllium connected the challenges and related mitigating strategies for (1) collecting PPI and CPI data, and (2) collecting and reporting, including revising, monthly employment data," Nicolosi wrote.
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— CNBC's Greg Iacurci contributed to this report.
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