After Vanse and the Department of Labor vigorously promoted the non-farm data, they were "slapped in the face" by Trump a few hours later

Wallstreetcn
2025.08.02 00:55
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U.S. Vice President Vance and Labor Secretary Lori Chavez-DeRemer initially attempted to interpret the weak employment data from July positively. Vance pointed out that the number of domestic workers had increased, while the employment rate of foreign workers had declined. The Labor Secretary stated that employment growth was still on a positive track. Unfortunately, Trump was not appreciative and "slapped back" at their rhetoric a few hours later, claiming that the data was politically manipulated and firing the head of the Bureau of Labor Statistics, Erika McEntarfer