EJ Antoni suggests suspending monthly jobs report - Fox Business | Crypto Craft
Added at 8:33am

  • Trump’s pick to lead labor stats agency could pause monthly jobs report over accuracy concerns

    From foxbusiness.com

    E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics, suggested suspending the agency’s closely watched monthly jobs report, arguing that its underlying methodology, economic modeling and statistical assumptions are fundamentally flawed. In an interview with FOX Business ahead of Monday’s nomination announcement, Antoni criticized the data behind the monthly jobs report as unreliable and frequently overstated, warning that it misleads key economic decision-makers from Washington to Wall Street. "How on earth are businesses supposed to plan – or how is the Fed ... (full story)

Comment Options
Nordling
Aug 12, 2025 8:30am
Permalink
Muppet
Reply
DuranDuran
Aug 12, 2025 9:04am
Permalink
Can’t have bad jobs reports if you don’t have jobs reports
Reply
future911
Aug 12, 2025 10:13am
Permalink
Quoting fx6996
{quote} The current method of measuring job growth is outdated and antiquated. It NEEDS to be re-vamped. Look at the past 12 months of jobs data - every month they are making past revisions. Can you just give the POTUS a break and admit for once that yeah maybe this IS necessary
But knowing how much POTUS lies and the Doctor guy is a shiller. I have no faith in this process. Absolutely 0. Might be as accurate as North Korea stats
Reply
TimmyBTrades
Aug 12, 2025 8:32am
Permalink
Well it was nice while it lasted

I will tell my children about the days the US had reliable economic data
Reply
DracoMalfoy
Aug 12, 2025 8:37am
Permalink
This idiot doesn't even have a Wikipedia. He's AI generated.
Reply
future911
Aug 12, 2025 8:48am
Permalink
Never hold a long dollar these days, short or sit it out. Peace of mind.
Reply
Trader#0101
Aug 12, 2025 8:48am
Permalink
Manipulation is full on
Reply
The Fool
Aug 12, 2025 9:33am
Permalink
Antoni is a crank from the Heritage Foundation. He will introduce more uncertainty (not less) about the data releases from the BLS. The King will tell you what you need to know about the economy. Nobody knows more about everything than him. (This will be a gift to news traders, though.)
fx6996
Aug 12, 2025 9:41am
Permalink
Quoting future911
So he fired the person doing a bad job to hire a person to do no job. You can only be this messy on a what seems to be “minor” chess play (based on the lack of effort). And if this is so minor I wonder how big the the checkmate is
The current method of measuring job growth is outdated and antiquated.

It NEEDS to be re-vamped. Look at the past 12 months of jobs data - every month they are making past revisions.

Can you just give the POTUS a break and admit for once that yeah maybe this IS necessary
Reply
Luxyus
Aug 12, 2025 8:37am
Permalink
we can always use a roulette for the data what u say
LightchaserG
Aug 12, 2025 9:00am
Permalink
WOW!
The guy hasn't even grown out of his nappies, and he wants to control and manage the US labour stats, OMG, god help America.

JPowell is next on the agenda.
Reply
Polimini
Aug 12, 2025 10:59am
Permalink
100% employment, every month, from now on.
Reply
jordanvic
Aug 12, 2025 9:01am
Permalink
Translation: "I don't know how to do this job"
Reply
Trader#96CD
Aug 12, 2025 8:32am
Permalink
wtf today was wild
Reply
Trader#7BE6
Aug 12, 2025 11:28am
Permalink
Can’t have bad jobs reports if you don’t have jobs reports

Remember:
Can’t have more cases of Covid if we just don’t count any new cases of Covid
Reply
Nordling
Aug 12, 2025 1:06pm
Permalink
Quoting fx6996
{quote} The current method of measuring job growth is outdated and antiquated. It NEEDS to be re-vamped. Look at the past 12 months of jobs data - every month they are making past revisions. Can you just give the POTUS a break and admit for once that yeah maybe this IS necessary
Excuse me but da fuq you know about the labor market measurements? Don't waste your stinky breath, you are parroting this because your lord and saviour Drumpf said so.

And the most funny part is EJ Antoni is a guy that never had a proper job, he just "worked" at foundations meaning he was just a speaker at tea parties. Yea I'm sure this guy has the experience to run the BLS lmao.

Gosh what a tool you are.
Reply
ffghost
Aug 12, 2025 8:30am
Permalink
ha! Figures. And the market says: "take our data, even BAD data?!?" Run away! (let's hope this is a short-lived...aka 5 minute...concern). Markets at the top don't really need a "good" reason to eventually turn over.
Reply
fx6996
Aug 12, 2025 1:05pm
Permalink
Quoting Trader#B678
Iam shorting american economy, this things cannot survive
You go ahead and do just that BUT be prepared to lose your shirt, pants and undies too!

The American economy is strong now and is primed to explode once all these projects get going. People don't like to hear this but it's true: America doesn't really NEED anything from the world (except rare earth minerals (but a new deposit in the Western US was discovered).

The US takes advantage of having other countries manufacture our non-essential goods. POTUS has made numerous deals to bring back production of: AI chips - INTEL new manufacturing - 200 billion commitment from Saudia Arabia and Dubai - We are bring back pharmaceutical production as well.

So yeah short the US economy at your own risk.

PS Tell me what economy you are long?
Reply
Polimini
Aug 12, 2025 1:15pm
Permalink
Quoting Trader#7BE6
Can’t have bad jobs reports if you don’t have jobs reports Remember: Can’t have more cases of Covid if we just don’t count any new cases of Covid
that's true, we've seen this before.
Reply
future911
Aug 12, 2025 10:03am
Permalink
Quoting fx6996
{quote} The current method of measuring job growth is outdated and antiquated. It NEEDS to be re-vamped. Look at the past 12 months of jobs data - every month they are making past revisions. Can you just give the POTUS a break and admit for once that yeah maybe this IS necessary
Yes true I had recently said the same. But macros have me too short sighted to read anymore articles 🫩
Reply
rocktrader86
Aug 12, 2025 8:38am
Permalink
I saw a previous comment somewhere that said the dollar would rise hahaha ... I don't think so.
Reply
dartboardio
Aug 12, 2025 8:55am
Permalink
scalpers long..
Reply
Luxyus
Aug 12, 2025 8:30am
Permalink
oh well
fx6996
Aug 12, 2025 9:38am
Permalink
Quoting TimmyBTrades
Well it was nice while it lasted I will tell my children about the days the US had reliable economic data
When was that?
Reply
DracoMalfoy
Aug 12, 2025 8:43am
Permalink
always watching
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 270 KB
Reply
fxsongwang
Aug 12, 2025 8:39am
Permalink
Indeed, the current economic data is already outdated
Reply
Trader#0AFE
Aug 12, 2025 8:59am
Permalink
Fuck Trump
Reply
Cooolboy
Aug 12, 2025 8:30am
Permalink
Shit
Reply
Moronya
Aug 12, 2025 8:32am
Permalink
Ooh shit
Reply
Gopesh
Aug 12, 2025 8:52am
Permalink
Quoting rocktrader86
I saw a previous comment somewhere that said the dollar would rise hahaha ... I don't think so.
well that was me, and yeah but in a 1 month time frame.
Reply
razashah
Aug 12, 2025 9:02am
Permalink
Quoting Trader#3B20
Today is retailer wiping day
hy retailer foloow the foot step of samrt mony
Reply
Trader#F8F2
Aug 12, 2025 8:30am
Permalink
What will happen to gold
Reply
Trader#4560
Aug 12, 2025 8:31am
Permalink
Than give me my sl back it’s your problem than solve it
Reply
Trader#E738
Aug 12, 2025 8:31am
Permalink
Hmm this not funny
Reply
Trader#12EE
Aug 12, 2025 8:33am
Permalink
if they have to resort to that, you question why
Reply
Trader#3B20
Aug 12, 2025 8:34am
Permalink
Today is retailer wiping day
Reply
Trader#8CF4
Aug 12, 2025 8:35am
Permalink
this guy looks psycho.
Reply
Trader#4EF1
Aug 12, 2025 8:37am
Permalink
Lol at this time
Reply
Trader#A39E
Aug 12, 2025 8:44am
Permalink
Sh*t gold was wild
Reply
Trader#20F2
Aug 12, 2025 8:53am
Permalink
Every day closer to dictatorship
Reply
Trader#4C89
Aug 12, 2025 9:20am
Permalink
They will trap you and go down lol
Reply
Trader#B678
Aug 12, 2025 10:55am
Permalink
Iam shorting american economy, this things cannot survive
Reply
Trader#4B37
Aug 12, 2025 11:37am
Permalink
Day by day Dictator Kim Jong Don and his paid cronies are taking over.. Say or report anything bad and you will disappear or be sued..
Reply

  • Related Stories

Trump: Jerome “Too Late” Powell must now lower the rate; to pursue lawsuit against Powell
From @realDonaldTrump | Aug 12, 2025 | 183 comments
Jerome “Too Late” Powell must NOW lower the rate. Steve “Manouychin” really gave me a “beauty”when he pushed this loser. The damage he has done by always being Too Late is incalculable. Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board. I am, though, considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings. Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good! *TRUMP: CONSIDERING ALLOWING A MAJOR LAWSUIT AGAINST POWELL *TRUMP: CONSIDERING POWELL LAWSUIT OVER FED BUILDING MANAGEMENT
Trump says he’s nominating E.J. Antoni as Bureau of Labor Statistics commissioner
From cnbc.com | Aug 11, 2025
President Donald Trump said Monday that he will nominate the economist E. J. Antoni as commissioner of the Bureau of Labor Statistics. Antoni would replace Erika McEntarfer, who Trump fired as BLS commissioner on Aug. 1, after accusing her of manipulating jobs report data. McEntarfer was terminated hours after her agency reported reported slower than ...
White House: Plan For Bureau Of Labor Statistics To Continue Monthly Reports
From @FirstSquawk | Aug 12, 2025
White House: Plan For Bureau Of Labor Statistics To Continue Monthly Reports
  • Story Stats