What does Trump’s dismissal of the best CA data means

From LevagsCalmness

This story was originally published by CalmattersS Register about their ballots.

The number of unemployment and the consumer prices index is published every month as a clock, providing individuals, companies and local and governmental government agencies throughout the country’s critical information.

Economists and others are afraid of the widespread consequences for California if the reliability of this information is uncertain, calling for the main data to make a number of policy and funding decisions.

President Donald Trump has recently fire ericThe Labor Statistics Bureau Commissioner, as he did not like that the July job report showed a drastic delay in hiring and updated numbers for May and June after the general process of review. He accuse herWithout evidence, to arrange the data.

Trump has nominated EJ Antony to head the agency. Anthony is the chief economist in the brain trust of the Right Heritage Foundation, a right -wing political plan for Blueprint 2025 and a critic of the agency. He said in an interview with Fox News Digital In early August that monthly job data are insufficient and should be stopped, the White House already gone backS

If Antony is confirmed, Economists on both sides of the path are worried For possible politicization of jobs, inflation and other data from the agency. These data help to inform the adjustments to the cost of living for social security, the financing of SNAP benefits, the thresholds of the tax groups, the restrictions on the contributions of pension accounts and others. Meanwhile, government agencies and others are concerned about possible changes that could affect their work and threaten the continuity of data that is important to the lives of many people, whether they know it or not.

The US Senate Committee on Health, Education, Labor and Pensions, which was asked to hold a hearing to confirm Antoni, did not say that he would do so. The service of the chairman of the committee Bill Cassidy, a Republican from Louisiana, did not respond to an email to Calmatters, who asks for a hearing. But one report He says the hearing can be held in September.

“(These data) allow users, investors, people who think about retirement and business, to make reasonably informed decisions,” says Chris Hoine, CEO of the California Budget and Policy Center, a group for research and advocacy to the left. “If you remove federal data, we are left with how people feel about things and the stock exchange and this is a great void.”

Asked by Antony, a spokesman for the Inheritance Foundation forwarded peace to the White House. The White House and the Labor Statistics Bureau did not answer questions about the possible changes to the issuance of monthly job reports or the agency’s data practices.

How California uses the data

In state and local authorities, jobs and inflation information is important for politicians, legislators and the work of the California Department for Employment Development, Community Colleges, Hospital Development Tips and others.

“We need to know and have a common base to understand how California strives for jobs, prices and other economic measures to make a good policy,” says Sarah Bon, director of the California Institute of Economic Policy Center for California.

Like other states, California EDD has a partnership with the Bureau of Labor Statistics to release the monthly unemployment rate and job estimates.

Monthly jobs are estimates and are reviewed when salary data appear. In addition, an annual audit called Benchmarking updates monthly numbers as more information becomes available from tax records.

“The process, which includes revisions and comparative analysis after forecasts, has given consistent and reliable results for more than 75 years,” says Ann Chapuis, a spokesman for EDD, in an email.

The data is also crucial to the economic and revenue forecasting of the financial department, as well as for its work on the state budget, which involves calculating the minimum wage and costs of living.

“If the BLS data disappears tomorrow, we would not be able to say,” Let’s take and use this other source, “said Somita Mitra, the chief economist of the financial department. She pointed to the regular versions of the details of the salary company, noting that it was only for the private sector so that it was not exhaustive. And Mitra said there was no alternative to inflation data at all.

“It would be almost impossible” for her to do her job without federal data, she said.

Public colleges also rely on job data from both EDD and the federal government.

Laura Coleman is the State Director of the High Achievement Center for Labor Market Research, which is part of the Workplace Division and Economic Development of the Community System and serves eight different regions in California. Regional centers use information about the labor market to help find and supply in various industries – some federal funding are bound and state rules require this information. The centers work directly with colleges and even K-12 schools, she said.

“We are trying to help you predict the needs, understanding where jobs are going and what the trends are,” Coleman said. “We are talking about a big salary and expectations for profit when a student enters a career path.”

Even state agencies that do not use federal data directly use research that is supported by it. Daniel Lopez, a spokesman for the division of apprenticeship standards, said the department is paying great attention to the trends in employment and the labor force. This includes receiving briefings and the use of insight from EDD.

“They would not go very far”

Experts say that the infrastructure around the data collected and circulated by the Federal Bureau is stable and has long existed.

“It would be very difficult for political appointed to manipulate or interfere with official statistics,” Jed says how many, a former economic secretary of economic affairs, leading the US Counting Bureau and President Joe Biden’s Economic Analysis Bureau. “They would not go very far without help from career government officials who are technical experts. They will blow up the whistle.”

But how much he added that he calls “checks and balances” both internal and external, “it does not mean that it cannot happen.”

The risks of manipulated economic data manage the range. Warker, Calmatters experts talked that the loss of confidence in US employment and the number of inflation can affect investment in the country.

“We cannot continue to throw uncertainty and instability in the US economy on so many fronts and endure it,” said Honet of the California Budget and Politics Center, citing president’s president Constant changes in tariffs And the pressure he puts on the federal reserve for lowering interest rates. “If you then undermine the reliability of the data coming from the largest economy in the world, global participants have no reason to have confidence whether their money is safe here,” Hoine said.

This article was Originally Published on CalMatters and was reissued under Creative Commons Attribution-Noncommercial-Noderivatives License.