The new BLS Commissioner nominee EJ Antoni on FOXBusiness:
- Suggests suspending monthly jobs report
- Argues that it's underlying methodology, economic modeling and assumptions are fundamentally flawed.
- Says, "How are businesses supposed to plan for the Fed conduct of monetary policy"
- Says that "no one knows how many jobs are being added or lost economy"
- Says that until the problems are corrected, the BLS should suspend issuing the monthly jobs report but key publishing the more accurate though last timely quarterly data.
