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What really goes on at the Bureau of Labor Statistics (Update) : The Indicator from Planet Money

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Photograph by Anna Moneymaker/Getty Photographs

Photograph by Anna Moneymaker/Getty Photographs


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Photograph by Anna Moneymaker/Getty Photographs


Photograph by Anna Moneymaker/Getty Photographs

Photograph by Anna Moneymaker/Getty Photographs

On Friday, we reported on the most recent jobs numbers from the Bureau of Labor Statistics, which confirmed weaker than anticipated development. On Friday afternoon, President Trump fired the individual accountable for these numbers.

The month-to-month jobs report is a important software for the financial system, utilized by companies to make selections and the Federal Reserve to set charges. So how precisely are these figures collected? As we speak, we’re re-airing our behind-the-scenes have a look at how the BLS places collectively the roles report, one name at a time.

This present initially aired June 6, 2022.

Associated:
Can we belief the month-to-month jobs report?
Would you belief an economist along with your financial system?

For sponsor-free episodes of The Indicator from Planet Cash, subscribe to Planet Cash+ by way of Apple Podcasts or at plus.npr.org.

Reality-checking by Sierra Juarez. Music by Drop Electrical. Discover us: TikTok, Instagram, Fb, Publication.





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Tags: bureauIndicatorlaborMoneyPlanetStatisticsUpdate
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