Trump pick for BLS commissioner recently called for suspending monthly jobs report

Antoni, Heritage Foundation economist and former economist for the Texas Public Policy Foundation.Courtesy: Texas Public Policy FoundationHeritage Foundation economist E

Antoni, chosen Monday by President Donald Trump to lead the Bureau of Labor Statistics, recently floated the idea of the BLS suspending its traditional monthly jobs reports.Antoni, in an interview Aug. 4 with Fox News Digital, questioned the accuracy of those monthly reports, which are key economic indicators that Wall Street investors and economists rely on to assess the health of the U.S. labor market."How on earth are es supposed to plan — or how is the Fed supposed to conduct monetary policy — when they don't know how many jobs are being added or lost in our economy?" Antoni said in that interview."It's a serious blem that needs to be fixed immediately," Antoni said at the time."Until it is corrected, the BLS should suspend issuing the monthly job reports but keep publishing the more accurate, though less timely, quarterly data."Read more CNBC coverageTrump threatens Fed chair Powell with 'major lawsuit,' demands interest rate cutPutin wants a photo op with Trump and a sanctions delay, says EU foreign policy chiefSidelined from Trump-Putin talks, Ukraine warns the world not to trust RussiaTrump to nominate E.J

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