New BLS head Antoni suggests suspending month-to-month jobs report

The brand new BLS Commissioner nominee EJ Antoni on FOXBusiness:

• Suggests suspending month-to-month jobs report
• Argues that it is underlying methodology, financial modeling and assumptions are basically flawed.
• Says, “How are companies presupposed to plan for the Fed conduct of financial coverage”
• Says that “nobody is aware of what number of jobs are being added or misplaced financial system”
• Says that till the issues are corrected, the BLS ought to droop issuing the month-to-month jobs report however key publishing the extra correct although final well timed quarterly information.

This text was written by Emma Wang at investinglive.com.