Kevin Hassett, a senior economic adviser to Donald Trump, said the Bureau of Labor Statistics’ employment data have become “very unreliable,” arguing that the figures no longer reflect conditions in the U.S. labor market. Hassett warned that “you can’t run an economy on broken data,” and called for an urgent, comprehensive overhaul of the BLS’s methodology. He contended that the current approach is misleading the public and policymakers, and urged the government to revise the way it measures job growth.
**TRUMP’S ECONOMIC ADVISOR KEVIN HASSETT CALLS LABOR MARKET DATA “UNRELIABLE” — DEMANDS FULL OVERHAUL OF BLS METHODS ** HASSETT SAYS FAULTY LABOR DATA IS “MISLEADING AMERICA” — WARNS JOB NUMBERS NO LONGER REFLECT REALITY
HASSETT SAYS: “YOU CAN’T RUN AN ECONOMY ON BROKEN DATA” — CALLS FOR URGENT REFORMS
HASSETT SAYS FAULTY LABOR DATA IS “MISLEADING AMERICA” — WARNS JOB NUMBERS NO LONGER REFLECT REALITY