Trump calls July’s work report “manipulated”


U.S. President Donald Trump spoke at a reporter near Air Force One on August 3, 2025 at Lehigh Valley International Airport in Allentown, Pennsylvania.

Anna Taxpayer | Getty Images

U.S. Bureau of Labor Statistics July work report Revised the figures in the previous months so large that U.S. President Donald Trump Called It “manipulates” and “conducts”.

However, the market seems to have shrugged their concerns for now – U.S. stock rebounded on Friday after its sell-out release. However, this move may be a reflection of instinct rather than a reflection of the truly driving the market.

“Today is a bit like a day of rebound.” explain Sam Stovall, chief investment strategist at CFRA Research. “Stocks tend to pop up after they fall, so that’s what’s happening.”

He added: “We have to wait and see what will happen tomorrow because investors may be thinking, ‘You know what, we really need to take some money off the table to digest some of that gains.”

Trump’s new tariffs will come into effect on August 7, so it is possible to seize the opportunity and make a profit first when markets recover slightly from Friday’s losses – as the July work report suggests, there is a possibility of “manipulating” and strike the U.S. economy before any further slowdown.

What you need to know today

at last…

Warning tape near the federal government steps across from the New York Stock Exchange hangs near the steps in New York.

Michael Nagle | Bloomberg | Getty Images

The controversial July work report confirmed that the U.S. economy is slowing sharply. This is the reason

Non-agricultural wages Rose only 73,000 In July, even softer expectations. A large number of revisions to May and June reduced the average three-month work to 35,000, or less than a third of the pace in the same period a year ago.

Traditionally, the weakness of employment growth in lagging indicators in terms of recession suggests that the economy may be faster than some traditional indicators show.

– Jeff Cox



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