Trump says he doesn’t trust the jobs data, but Wall Street and economists do

Economists and Wall Street investors have long considered the job figures reliable, with share prices and bond yields often reacting sharply when they are released.

WASHINGTON — The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it.

Trump claimed that June’s employment figures were “RIGGED” to make him and other Republicans “look bad.” Yet he provided no evidence and even the official Trump had appointed in his first term to oversee the report, William Beach, condemned the firing of Erika McEntarfer, the director of the Bureau of

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