{"id":121747,"date":"2025-09-05T22:40:15","date_gmt":"2025-09-05T22:40:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/121747\/"},"modified":"2025-09-05T22:40:15","modified_gmt":"2025-09-05T22:40:15","slug":"job-report-will-get-more-accurate-lutnick","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/121747\/","title":{"rendered":"Job report will get more accurate: Lutnick"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/108194810-17570747211757074718-41505931125-1080pnbcnews.jpg\" alt=\"Commerce Secretary Lutnick: Jobs number will 'get better' after Trump fired BLS chief\"\/><\/p>\n<p>Commerce Secretary <a href=\"https:\/\/www.cnbc.com\/2025\/09\/04\/stock-market-today-live-updates-.html\" rel=\"nofollow noopener\" target=\"_blank\">Howard Lutnick<\/a> predicted that the Bureau of Labor Statistics&#8217; new <a href=\"https:\/\/www.cnbc.com\/2025\/09\/05\/jobs-report-august-2025.html\" rel=\"nofollow noopener\" target=\"_blank\">jobs report<\/a> Friday would be more accurate because President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">Donald Trump<\/a> fired former Commissioner <a href=\"https:\/\/www.cnbc.com\/2025\/08\/01\/trump-erika-mcentarfer-jobs-report-fired.html\" rel=\"nofollow noopener\" target=\"_blank\">Erika McEntarfer<\/a> last month.<\/p>\n<p>Lutnick made that prediction less than an hour before <a href=\"https:\/\/www.cnbc.com\/2025\/09\/05\/jobs-hassett-trump-rates.html\" rel=\"nofollow noopener\" target=\"_blank\">BLS said job growth<\/a> stalled out in August.<\/p>\n<p>&#8220;I think they&#8217;ll get better,&#8221; Lutnick told CNBC&#8217;s &#8220;<a href=\"https:\/\/www.cnbc.com\/squawk-box-us\/\" rel=\"nofollow noopener\" target=\"_blank\">Squawk Box<\/a>&#8221; after he was asked if\u00a0people should believe the BLS&#8217; numbers will be accurate.<\/p>\n<p>That&#8217;s because &#8220;you&#8217;ll take out the people who are just trying to create noise against the president,&#8221; he said.<\/p>\n<p>&#8220;The holdovers from the Biden administration&#8221; were &#8220;rooting against America and against Donald Trump, and that&#8217;s got to end,&#8221; Lutnick said in response to another question about whether the Trump administration now considers the BLS credible.<\/p>\n<p>&#8220;So he can&#8217;t replace somebody two weeks ago, and you expect fundamental change, but what you will get is an agency that&#8217;s on [Trump&#8217;s] side, just trying to do the best and put out the correct numbers,&#8221; he said.<\/p>\n<p>Trump had fired McEntarfer on Aug. 1, hours after her agency reported that U.S. job growth had significantly slowed in July.<\/p>\n<p>McEntarfer was appointed by former President <a href=\"https:\/\/www.cnbc.com\/joe-biden\/\" rel=\"nofollow noopener\" target=\"_blank\">Joe Biden<\/a> and confirmed by the Senate in 2024.<\/p>\n<p>The latest BLS report showed nonfarm payrolls rose by just 22,000 in August, far below economists&#8217; expectations for 75,000. The unemployment rate also ticked up to 4.3% for the month.<\/p>\n<p>Read more CNBC politics coverage<\/p>\n<p>Trump, asked Thursday night if he could commit to saying that the BLS&#8217; upcoming jobs data would be credible, declined to do so.<\/p>\n<p>&#8220;We&#8217;ll see what the, the number \u2014 I don&#8217;t know, they come out tomorrow,&#8221; Trump said.<\/p>\n<p>&#8220;But the real numbers that I&#8217;m talking about are going to be whatever it is, but will be in a year from now&#8221; when the jobs data will &#8220;be absolutely incredible,&#8221; he claimed.<\/p>\n<p>Don\u2019t miss these insights from CNBC PRO<\/p>\n","protected":false},"excerpt":{"rendered":"Commerce Secretary Howard Lutnick predicted that the Bureau of Labor Statistics&#8217; new jobs report Friday would be more&hellip;\n","protected":false},"author":2,"featured_media":121748,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,5833,15557,99,174,5834,2490,164,29354,180,11973,21716,84],"class_list":["post-121747","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-breaking-news-economy","tag-breaking-news-politics","tag-business","tag-business-news","tag-donald-j-trump","tag-donald-trump","tag-economy","tag-howard-lutnick","tag-jobs","tag-joe-biden","tag-personnel","tag-politics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/121747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=121747"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/121747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/121748"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=121747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=121747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=121747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}