Navarro

White House trade adviser Peter Navarro slammed the Bureau of Labor Statistics (BLS) Friday with a series of reports on job growth he believes is inaccurate.

Long-time Trump adviser said BLS has a “disturbing pattern” that provides misinformation to the public.

“BLS doesn’t seem to get the correct number of jobs. It’s been over a year,” Navarro said on Friday’s appearance on the news agency’s “Hill.”

He told host Blake Burman, “It’s either incompetence or political intervention, either way, it’s not appropriate because it’s simply not true.”

The BLS reported last month that May’s report was corrected to reflect 19,000 jobs created last month, compared with 144,000 jobs reported in the initial report. The bureau also corrected the number in June, increasing to 14,000 jobs after the initial report.

President Trump fired BLS Commissioner Erika Mcentarfer on Thursday, accusing her of exaggerating work reports for the Biden administration ahead of the 2024 election. He said she “fakes job numbers before the election to promote Kamala’s chances of winning.”

“She will be replaced by people who are more capable and qualified. It must be fair and accurate, and they cannot be manipulated for political purposes.”

Navarro told Burman on Friday that Trump’s move was “healthy”.

BLS did not immediately respond to Hill’s request for comment. The bureau often revised its work report, but the scale of the change on Friday surprised experts.

Navarro said in an interview Friday that the revisions have brought the Fed’s much-needed inflation cuts, which remained steady on Wednesday.

“This is, if we get the data, when we should get the data, yesterday’s Fed would lower interest rates by at least 50 basis points. So, you think it’s so incompetent or politically unquestionable.”

He added: “I mean, look, you have three months to make a big move downward, one lower than expected. I mean, the Fed, that’s a completely different situation. I mean, there are 50 days with big cases, there are 50 days with cuts.”

Trump and his allies urged Fed Chairman Jerome Powell to lower interest rates to reset the economy for months. The president threatens to fire Powell, who refuses to change course under pressure.

“Although the Fed also has interest rates, the economy is booming under “Trump”, which they lowered twice before the presidential election, and before the presidential election, I assumed hope to be elected “Kamara”, how does that work?” Trump wrote on Friday.

He added: “Jerome is too late,’ Powell should be placed on the ranch, too; thank you for your attention on this matter.”

Later that day, Newsmax’s Rob Finnerty stepped back when he asked the Fed’s chairman if he would remain in place during the interview.

“Well, if you fire it’s going to be very destructive.” “So, I’ll probably say, yes.”

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