"Fed Chair Warns Trump Admin May Be Seriously Exaggerating Jobs Numbers" [View all]

This is the headline from an article from The New Republic dated 12/11/25 with a byline from Hafiz Rashid. The article notes that Powell:

"In a press conference, Powell said that staffers at the Fed think that the government could be overestimating the number of jobs created by 60,000 each month. With published figures stating that the U.S. has added an average of 40,000 jobs each month since April, the true numbers could be closer to a loss of 20,000 jobs a month."

Golly and it was only recently that I was attacked about saying the numbers were likely cooked. The report notes:

" In recent years, BLS numbers have overstated job creation, sometimes by hundreds of thousands of jobs a year, resulting in revisions showing less jobs later."

So given the well known hate Crumb The 1st laid out for anybody daring to report bad job numbers it could be even worse for the economy when realizing this has happened along with withholding inflation reports etc. Having fired the BLS chief over the summer because he was angered by some bad jobs numbers it would be typical that he would use his flunkies to pressure some people to put their names to "extremely optimistic" numbers. There are people of good character at BLS to be sure but there are also political flacks who will do whatever to give Crumb the 1st what he wants. As the post by BumRushDaShow pointed out stats people have been leaving rather than deal with this crappy situation.

The government practice, at all levels, of discounting their experts because they want a different outcome is not new. It's gone on for a long time and I remember a particular environmental case that had the "report and action recommendations" reassigned several times because no technical person was willing to put their name on the document.

So here we go and I can imagine how many more manipulations the data will endure.

https://newrepublic.com/post/204298/fed-chair-powell-trump-admin-exaggerating-jobs-numbers