Trump's pick for BLS commissioner floated suspending the monthly jobs report before apparently backing off

[Yo_Mama_Been_Loggin]

EJ Antoni, President Donald Trump’s pick to lead the Bureau of Labor Statistics, is no longer considering suspending the monthly jobs report — one of the most crucial and historic measurements of US economic activity — after proposing the unprecedented action during an interview that published Tuesday.

Antoni will continue to publish monthly jobs numbers if confirmed, Heritage Foundation economist Stephen Moore told CNN Tuesday. Moore said he discussed the issue with Antoni, who has since backed off the notion.

Antoni had previously told Fox News Digital that the monthly jobs report should be suspended in favor of quarterly data, claiming the report is unreliable and frequently revised.

In an interview with Fox News Digital that was published Tuesday but took place August 4, a week before his nomination, Antoni said the BLS should publish only quarterly data until BLS can ensure its monthly jobs data is more accurate.

https://finance.yahoo.com/news/trump-pick-bls-commissioner-suggests-155403570.html

[karynnj]

1. It would be more logical for him to say that data should be given 3 months after the fact

However, that would mean never having timely information. Quarterly data would itself include some information for the later months, that like the current monthly data, would need to be revised.

As he is an economist, I would assume he is aware that many economic models use the monthly data. I bet many were not happy to hear that he was thinking it should not be produced.