Newsletter

Global Daily: Bureau of Labored Statistics?

4 August 2025 11:29 RaboResearch
Download

Friday’s employment report was very disappointing, to say the least. Following the poor employment report, President Trump fired the Commissioner of Labor Statistics, claiming she was a political appointee by Biden. In short, on top of threats to the Fed’s independence, the market may now have to start worrying about the reliability of US data.

Introduction image

Download the full report

global_daily_bureau_of_labored_statistics
More about

Disclaimer

Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more