White House says jobs revision proves Biden economy a 'disaster,' BLS is 'broken,' Powell was 'too late'
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White House says jobs revision proves Biden economy a 'disaster,' BLS is 'broken,' Powell was 'too late'

Why This Matters

The latest Labor Department report showed that the U.S. economy created fewer jobs than had been initially reported in the year ending March 2025.

September 9, 2025
04:23 PM
3 min read
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The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025.

Bloomberg | Bloomberg | Getty ImagesThe 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 ving 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 , es, policymakers, and families that rely on this data to make major decisions," she said.Read more CNBC coverageIsrael targets top Hamas officials in Qatar strikeWhite House says jobs revision ves Biden economy a ‘disaster,’ BLS is ‘broken,’ Powell was ‘too late’'A colossal train wreck': U.S.

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Jean Carroll defamation caseFrench prime minister faces the axe as lawmakers prepare to hold confidence voteTreasury Secretary Bessent warns of massive refunds if the Supreme Court voids Trump tariffs"Much 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.

Annual revisions to nonfarm payrolls data for the year showed a reduction of 911,000 from initial estimates, according to the initial report from the Bureau of Labor Statistics.

The BLS has been the target of a coordinated campaign to undermine faith its data, orchestrated by the White House.

Trump abruptly fired Bureau of Labor Statistics commissioner Erika McEntarfer in August, just hours after BLS released initial employment data for July that included two months' of downward revisions to job growth data from earlier in the year.Trump argued that those revisions — which are common in jobs reports — showed that the BLS was manipulating employment data for political purposes.

His firing of McEntarfer drew sharp rebuke from economists and some lawmakers.Powell was nominated by Trump in 2017 to serve as chair of the central bank.

But ever since the start of Trump's second term, the chairman has become a frequent target of the White House, as the president's frustration has grown over Powell's refusal to lower interest rates.

In August, however, Powell said that uncertainty in the U.S. economy may warrant interest rate cuts later this month.

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