There is no policy to return to job numbers

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US President Donald Trump shaves his plane to leave from the eastern Ayua Airport, October 7, 2023.

Jonathan Ernest Reuters

After the American job numbers for the month of May and June have been widely revised by the Labor Statistics Office – which led to the revenge of 258,000 previous numbers – President Donald Trump, which sparked political bias and data processing to the BLS Erika Mcentarfer, a review of its job status to “termination”.

Government officials from both sides of the political corridor had a lot to say about it.

“The bottom line, Trump wants to cook books,” He said Ron Widen, the highest democratic of the Senate Finance Committee. Meanwhile, Republican Senator Rand Paul NBC News said This “you cannot really make the numbers different or better by launching people who do count.”

This step, in fact, has a whiff from the Chinese government, in August 2023, Stop version One of the young unemployment rates is that they were rising to record the highlands. (Beijing resumed Publishing data In January 2024.)

The fall tree makes a sound, regardless of whether anyone is around it to hear it. End a person who states that noise will not absorb sound waves again to a vacuum as well.

The markets were also sound in response to Trump’s launch of McNTarfer as well as the diligent job report. On Friday, the three major American indicators were the worst day in months, a sharp turn from the previous week, which witnessed successive days from the highest record levels S & P 500 and Nasdak.

This changes the calculus account. With a new tariff that is scheduled to enter August 7 – which can slow employment in the United States due to increased costs and doubts of companies – the economy and markets may weaken more. Then it becomes a matter of whether it is “”Taco Trade– “Trump is always going out” – will return, as the prohibition says.

Jeff Cox, and Manjan contributed to this report

What you need to know today

Cracks appear in the American job market. Non -agricultural salaries grew in July 73,000, less than Dow Jones estimated from 100,000. Unemployment increased to 10 basis points to 4.2 %. The numbers of June and May jobs were The revised is significantly lower.

Trump’s fire commissioners’ fires after the job report. In fact mailThe US President, BLS Commissioner, Irika Minarker, accused him of appointing a “fake job numbers before elections” and Provide inaccurate data.

The stocks suffer from its worst day in months. Friday, S&P lost 500 1.6 %, is The worst day since May 21Breaking a 26 -day chain when the index movements remain within 1 %. General Europe Stoxx 600 index 1.89 % decreased, for her The biggest decline since April.

Berkshire Hathaway decreased operational profit. On an annual basis, the Warren Buffett group witnessed 4 % decrease in the profits of the second quarter To $ 11.16 billion. Berkshire warned of Trump’s tariff and its impact on her work.

(Pro) August is the second worst month for S&P 500. This is according to Trader’s Trader’s almanac, who tracks data again to 1988. And the profits related to Amnesty International during the week It will give a sign if the date will repeat itself.

Finally …

The worker adjusts a window display in the Rolex Store on Thursday, July 24, 2025.

Bloomberg Bloomberg Gety pictures

The shock of the tariff in Switzerland: 39 % of us hit no one coming

The United States’ imposition of a 39 % tariff rate on Switzerland was a shock to the nation. The evidence in the Swiss press was that the country was about to negotiate a plan similar to the one that struck it European Unionand UK and JapanWhich put the basic definitions between 10 % and 15 %.

Instead, someone received The highest rates From which country. This is a big blow, as the United States represents about the sixth of Switzerland’s total exports.

– Jenny Reed



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