Key point from Andreas Georgiou, who was criminally prosecuted for insisting on reporting accurate deficit figures when he was head of Greece's statistical agency: Reliable data is essential for democracy.
03.08.2025 17:26 โ ๐ 105 ๐ 31 ๐ฌ 1 ๐ 0
Am Econ Assn speaks out about firing the #BLS Commish.
"It is standard practice for statistical estimates to be revised as [better] data become available. These revisions reflect the commitment of statistical agencies to accuracy, transparency, and methodological rigor--not failure or bias."
02.08.2025 19:23 โ ๐ 290 ๐ 94 ๐ฌ 5 ๐ 1
August 1, 2025
AMERICAN ECONOMIC ASSOCIATION
Committee on Economic Statistics and Committee on Government Relations
Statement from the American Economic Association on the
Dismissal of the BLS Commissioner
Leaders of the American Economic Association express their grave concern over the dismissal of the Commissioner of the Bureau of Labor Statistics (BLS) earlier today.
The independence of the federal statistical agencies is essential to the proper functioning of a modern economy. Accurate, timely, and impartial statistics are the foundation upon which households, businesses, and policymakers make critical decisions. Undermining the independence or credibility of these agencies threatens the integrity of the information that markets, institutions, and the public rely on every day.
Measuring the vast and dynamic U.S. economy in real time is inherently challenging. It is standard practice for statistical estimates to be revised as more complete and higher-quality data become available. These revisions reflect the commitment of statistical agencies to accuracy, transparency, and methodological rigor-not failure or bias.
The BLS has long had a well-deserved reputation for professional excellence and nonpartisan integrity.
Safeguarding this tradition is vital for the continued health of the U.S. economy and public trust in our institutions.
We call upon elected officials to respect and preserve the independence of the nation's statistical infrastructure.
Lawrence Katz
President, American Economic Association
Katharine Abraham
President-Elect, American Economic Association
Karen Dynan
Chair, American Economic Association Committee on Economic Statistics
Kenneth Troske
Chair, American Economic Association Committee on Government Relations
Statement from the largest economics association about the BLS firing
As context: AEA approximately never makes such public statements
This is a big deal
02.08.2025 20:13 โ ๐ 5083 ๐ 2127 ๐ฌ 120 ๐ 112
It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.
02.08.2025 02:18 โ ๐ 21856 ๐ 4398 ๐ฌ 1189 ๐ 265
What to make of POTUS's attempt to fire the Commissioner of the Bureau of Labor Statistics (BLS)?
Let's run down what knowledgable people are saying...
01.08.2025 22:01 โ ๐ 784 ๐ 286 ๐ฌ 38 ๐ 46
Trump, Claiming Weak Jobs Numbers Were โRigged,โ Fires Labor Official
For months, people have been asking me whether I still trusted govโt data. My answer was always the same: The stats agencies faced longstanding challenges, some of which Trump was making worse. But there was no sign of political meddling.
I canโt say that anymore.
www.nytimes.com/2025/08/01/b...
02.08.2025 00:08 โ ๐ 1731 ๐ 527 ๐ฌ 55 ๐ 26
โThe National Association for Business Economics (NABE) strongly condemns the removal of Bureau of Labor Statistics (BLS) Commissioner Erika McEntarfer and the unfounded accusations leveled against the work of the agencyโฆ
A totally apolitical group.
files.constantcontact.com/668faa28001/...
01.08.2025 22:54 โ ๐ 956 ๐ 323 ๐ฌ 43 ๐ 8
Erika McEntarfer is brilliant and among the best examples of a deeply committed and consistently objective public servant. Sheโs earned the respect and trust of everyone whoโs had the honor to work with her, including me. #EconSky
01.08.2025 21:36 โ ๐ 71 ๐ 25 ๐ฌ 2 ๐ 1
Today, President Trump called into question the integrity of the Employment Situation report that the BLS released this morning. He accused BLS Commissioner Erika McEntarfer of deliberately reporting false numbers to reflect poorly on this administration. This baseless, damaging claim undermines the valuable work and dedication of BLS staff who produce the reports each month. This escalates the Presidentโs unprecedented attacks on the independence and integrity of the federal statistical system.
The President seeks to blame someone for unwelcome economic news. The Commissioner does not determine what the numbers are but simply reports on what the data show. The process of obtaining the numbers is decentralized by design to avoid opportunities for interference. The BLS uses the same proven, transparent, reliable process to produce estimates every month. Every month, BLS revises the prior two monthsโ employment estimates to reflect slower-arriving, more-accurate information.
This rationale for firing Dr. McEntarfer is without merit and undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families, and policymakers. U.S. official statistics are the gold standard globally. When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science.
This rationale for firing Dr. McEntarfer is without merit and undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families, and policymakers. U.S. official statistics are the gold standard globally. When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science.
BLS operates as a federal statistical agency and is afforded autonomy to ensure the data it releases are as accurate as possible. To politicize the work of the agency and its workers does a great disservice not only to BLS but to the entire federal statistical system which this country has relied on for almost 150 years. We stand firmly behind the BLS, Commissioner McEntarfer, and the data they work hard to produce. Commissioner McEntarfer is a widely-respected economist who has devoted her career to public service. She has an impeccable record. Over ninety percent of U.S. Senators supported her confirmation.
We call on Congress to respond immediately, to investigate the factors that led to Commissioner McEntarferโs removal, to strongly urge the Commissionerโs continued service, and ensure that the nonpartisan integrity of the position is retained. The statement from the President undermines these tenets and politicizes data which cannot and should not be used for political points.
The Friends of BLS Co-Chairs: William Beach, Erica L. Groshen and Paul Schroeder
The Friends of BLS Steering Committee Members: Tom Beers, Demetra Nightingale, Mary Jo Mitchell, Ken Poole, Steve Pierson, Aaron Sojourner
4. Former BLS commissioners @ericagroshen.bsky.social & William Beach, plus @pbschroeder.bsky.social, of Friends of BLS call on Congress to investigate Erika McEntarferโs removal, to strongly urge McEntarferโs continued service and "ensure that the nonpartisan integrity of the position is retained"
01.08.2025 21:12 โ ๐ 44 ๐ 19 ๐ฌ 1 ๐ 1
I was a colleague of Erika's at CEA and can't think of a smarter, more honest person to run BLS. Which is why the president fired her.
Fed govt data is going to be a lot harder to trust going forward.
01.08.2025 20:49 โ ๐ 111 ๐ 34 ๐ฌ 2 ๐ 2
Before they remove her page, here is Dr. Erika McEntarfer's BLS bio page. She's a 20-year career official PhD labor economist.
01.08.2025 19:46 โ ๐ 1513 ๐ 567 ๐ฌ 31 ๐ 19
IMO, the ACS has the same problems (response rate bias and not doing enough in weighting/not being able to weigh enough), as does just about every major survey out there regardless of who runs it
01.08.2025 20:46 โ ๐ 1 ๐ 1 ๐ฌ 0 ๐ 0
President Trump called into question the integrity of the Employment Situation report that the BLS released this morning. He accused BLS Commissioner Erika McEntarfer of deliberately reporting false numbers to reflect poorly on this administration. This baseless, damaging claim undermines the valuable work and dedication of BLS staff who produce the reports each month. This escalates the Presidentโs unprecedented attacks on the independence and integrity of the federal statistical system.
The President seeks to blame someone for unwelcome economic news. The Commissioner does not determine what the numbers are but simply reports on what the data show. The process of obtaining the numbers is decentralized by design to avoid opportunities for interference. The BLS uses the same proven, transparent, reliable process to produce estimates every month. Every month, BLS revises the prior two monthsโ employment estimates to reflect slower-arriving, more-accurate information.
This rationale for firing Dr. McEntarfer is without merit and undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families, and policymakers. U.S. official statistics are the gold standard globally. When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science.
We call on Congress to respond immediately, to investigate the factors that led to Commissioner McEntarferโs removal, to strongly urge the Commissionerโs continued service, and ensure that the nonpartisan integrity of the position is retained. The statement from the President undermines these tenets and politicizes data which cannot and should not be used for political points.
"...escalates the Presidentโs unprecedented attacks on the independence & integrity of the federal statistical system.
"The president seeks to blame someone for unwelcome economic news.
"...firing Dr. McEntarfer is without merit & undermines the credibility of federal economic statistics..."
01.08.2025 20:07 โ ๐ 412 ๐ 166 ๐ฌ 12 ๐ 28
bsky.app/profile/bits...
01.08.2025 20:37 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0
This transparency will make it hard to fake numbers without it being eminently discoverable. But maybe that doesn't matter if statements that appear to be about facts are actually just vibes (see also: truthy)
01.08.2025 20:33 โ ๐ 4 ๐ 0 ๐ฌ 0 ๐ 1
I can't even start to process this.
But
- make no mistake that anyone believed any accusationโit's a road map for what someone who doesn't care about truth wants in the future
- the statistical system is actually extremely transparent, and that is one of it's great strengths
01.08.2025 20:33 โ ๐ 5 ๐ 0 ๐ฌ 1 ๐ 0
Welp
01.08.2025 18:50 โ ๐ 12 ๐ 1 ๐ฌ 3 ๐ 0
Yes, I was vague posting my support to and my appreciation and respect for @erikamcentarfer.bsky.social
01.08.2025 20:23 โ ๐ 4 ๐ 0 ๐ฌ 0 ๐ 0
Everyone who helps the creation of meaningful accurate data for the good of the public: I admire your service and appreciate you
โค๏ธ๐งก๐ค๐ฉทโค๏ธ
06.02.2025 04:46 โ ๐ 44 ๐ 11 ๐ฌ 0 ๐ 2
I am extremely honored to be running for the Executive Committee of the @aeainformation.bsky.social. My statement will be released in the coming months.
Stay tuned and vote for me if you are so inclined!
13.05.2025 13:20 โ ๐ 8 ๐ 3 ๐ฌ 0 ๐ 2
We don't get to choose whether our ancient housing stock gets redeveloped. We do get to choose what it's likely replaced by - 1) a few astronomically expensive homes, or 2) many more comparatively less expensive homes.
Cambridge chose option 2 when it eliminated exclusionary zoning city-wide.
30.07.2025 21:59 โ ๐ 25 ๐ 6 ๐ฌ 1 ๐ 0
Deeply reported story by @stephaniemlee.bsky.social, on the impact of grant terminations โย even for those who have managed to get their awards reinstated
โI do not trust 100 percent,โ one researcher said, โthat there wonโt be another termination.โ
31.07.2025 11:29 โ ๐ 42 ๐ 13 ๐ฌ 0 ๐ 0
Whatโs a technology that you think is overhyped?
Iโm going to give a sideways answer to this, which is that the venture capital business model needs to be understood as requiring hype. You can go back to the Netscape IPO, and that was the proof point that made venture capital the financial lifeblood of the tech industry.
Venture capital looks at valuations and growth, not necessarily at profit or revenue. So you donโt actually have to invest in technology that works, or that even makes a profit, you simply have to have a narrative that is compelling enough to float those valuations. So you see this repetitive and exhausting hype cycle as a feature in this industry. A couple of years ago, you would have been asking me about the metaverse, then last year, you would have asked me about Web3 and crypto, and for each of these inflection points thereโs an Andreessen Horowitz manifesto.
Itโs not simply that one piece of technology is overhyped, itโs that hype is a necessary ingredient of the current business ecosystem of the tech industry. We should examine how often the financial incentive for hype is rewarded without any real social returns, without any meaningful progress in technology, without these tools and services and worlds ever actually manifesting. Thatโs key to understanding the growing chasm between the narrative of techno-optimists and the reality of our tech-encumbered world.
Stand by this: www.politico.com/newsletters/...
19.02.2025 16:42 โ ๐ 9750 ๐ 3189 ๐ฌ 163 ๐ 354
Census runs a Twitter account and LinkedIn. Is it any good? idk but it's there
30.07.2025 17:57 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0
Physicists disagree wildly on what quantum mechanics says about reality, Nature survey shows
First major attempt to chart researchersโ views finds interpretations in conflict.
This year quantum physics turns 100, so @nature.com decided to conduct the biggest ever survey of what lies behind it. Do physicists really believe in multiple universes? Can influences happen instantaneously? Is the Copenhagen interpretation all it's cut out to be? โ๏ธ๐งช www.nature.com/articles/d41...
30.07.2025 14:19 โ ๐ 83 ๐ 46 ๐ฌ 11 ๐ 8
This is correct. The primary threats to government data are funding cuts, layoffs, worsening federal employees' working conditions & outright cancellations of programs. These are real problems, happening now
In contrast we'll quickly know if there are direct manipulations of headline economic data
30.07.2025 15:40 โ ๐ 27 ๐ 11 ๐ฌ 1 ๐ 1
I have lots of thoughts they are not at all organized
30.07.2025 15:54 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0
(Am I just slowly doubling down on my identity as a winter person because it feels under threat from a changing climate? Yes, yes I am.)
30.07.2025 13:50 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0
Speaking of, I've had limited time to learn my new hobby:
30.07.2025 13:47 โ ๐ 1 ๐ 0 ๐ฌ 1 ๐ 0
graph of 'is there a boundary between classical and quantum objects' 45% yes, 45% no. 10% not sure
Basically an even split, goodness. Fascinating survey of beliefs on QM foundations by @lizziegibney.bsky.social. www.nature.com/articles/d41...
30.07.2025 13:25 โ ๐ 6 ๐ 1 ๐ฌ 0 ๐ 0
Economist at the US Census Bureau. Views are my own.
Economist @ U.S. Census Bureau. Views are my own.
Assistant Professor of Sociology, University of Michigan. Studying cities and inequality
Wall Street Journal economics reporter
noun | a reference source containing words alphabetically arranged along with information about their forms, pronunciations, functions, and etymologies
Covering Congressional Economic Policy at @washingtonpost.comโฌ
Read me: HamiltonNolan.com
My book: https://www.hachettebookgroup.com/titles/hamilton-nolan/the-hammer/9780306830921/
Email: Hamilton.Nolan@gmail.com
Writer, editor, chart maker, podcaster.
Co-founder & editor at Works in Progress. Podcast host of Hard Drugs. // Previously at Our World in Data.
Newsletter: https://scientificdiscovery.dev
https://twitter.com/salonium
๐ณ๏ธโ๐
BU student, future renter, running for Brookline Town Meeting, Precinct 1. Pro-climate action โ๏ธ, pro-housing ๐ , pro-transit ๐, pro-labor ๐ช. he/him
Professor at Harvard Business School #ClimateChange
#CEOactivism #WorkingConditions #ClimateRising podcast
Planetary scientist, ex-expat, MIT & UCLA alumna. Public local politics stuff @vogt4brookline.bsky.social (she/her)
Dad of 2 PSB kids, Town Meeting Member Precinct 8 ("the fightin' 8th"), Shared Mobility Advisory Committee, Entrepreneur, Musician, Oberlin & Temple Alum
Civically engaged educator working towards the best possible tomorrow in Brookline and beyond. #1u ๐ณ๏ธโ๐๐ณ๏ธโโง๏ธ
https://www.kevin4brookline.com/
Assistant Professor of Economics
@carletoncollege. Information frictions in macro, monetary policy, Treasury markets, #TeachEcon
Views expressed here are not those of my employer.
https://estruby.github.io/
economic policy correspondent at the new york times
tips? signal: tonyromm.62
https://www.nytimes.com/by/tony-romm
Editor in chief of @boltsmag.org (follow us!). Elections, (local) politics, voting rights, criminal justice, and drag race.
Economist + cat dad. Opinions my own.
Personal site: https://ramattheis.github.io
Statistician at the U.S. Copyright Office, but all posts & replies are my own.
Been digging into copyright registrations data to see what there is to learn about the geography and demographics of creativity and innovation.