On the August 1 edition of former Trump strategist Steve Bannon’s War Room podcast, he and Heritage Foundation’s E.J. Antoni called for getting rid of the Bureau of Labor Statistics commissioner following a weak July jobs report.

Hours later, President Donald Trump said and NBC News confirmed that he had fired BLS Commissioner Dr. Erika McEntarfer. Economists quickly spoke up about how this action, which would decrease confidence in economic data and seriously risk politicizing it outright, poses a grave threat to the entire American economy.

The BLS reported this morning that in July, only 73,000 jobs were created, and job creation in May and June were revised downward by a combined 258,000 jobs.

In response, Bannon claimed to be concerned about “whether we get accurate numbers” from the BLS, adding: “What in the hell is going on there? And have we put in our own person into BLS? Is a MAGA Republican, that President Trump knows and trusts, are they running the Bureau of Labor Statistics yet?” Antoni replied, “No, unfortunately, Steve, we still haven’t gotten there. And I think that’s part of the reason why we continue to have all of these different data problems.” Antoni also talked up a previous BLS commissioner, and added: “He’s been replaced by someone who, frankly, I think is incompetent. And that shows with the fact that the problems in the statistics — that first became evident all the way back in the spring of 2022 — those problems are still there.”

Hours later, citing the July jobs report and a conspiracy theory about the BLS from the 2024 election cycle, Trump posted on Truth Social: “I was just informed that our Country’s ‘Jobs Numbers’ are being produced by a Biden Appointee, Dr. Erika McEntarfer, the Commissioner of Labor Statistics, who faked the Jobs Numbers before the Election to try and boost Kamala’s chances of Victory. … I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY. She will be replaced with someone much more competent and qualified.”

Economists reacted to Trump’s firing of the BLS commissioner by explaining that the revisions weren’t political, and that Trump could damage trust in the accuracy of economic statistics moving forward.

Ernie Tedeschi, the director of economics for Yale’s Budget Lab, wrote: “Every economist who knows the 1st thing about labor data knows this has nothing to do with politics and everything to do with the challenges of real-time jobs estimation in the world's biggest economy.”

Navy Federal chief economist and Washington Post columnist Heather Long wrote: “This is basically unprecedented and will raise concerns about US data integrity going forward.”

Employ America executive director Skanda Amarnath wrote: “Even if nothing in BLS processes actually changes, public trust is permanently harmed when the BLS commissioner is fired after one bad jobs report. The optics are terrible and collective perception matters. So does reality.”

MEF Associates senior research associate Matt Darling simply replied: “Banana Republic hours.”

Some conservative economists also expressed alarm over Trump’s action.

Manhattan Institute senior fellow Jessica Riedl wrote: “Trump firing the BLS director for a bad jobs report - days after demanding the Smithsonian remove him from the list of impeached presidents - is banana republic stuff.” She added in a follow-up post: “Trump just ensured that we should not trust any government data coming out of his administration. Why should we trust data from agencies in which the director's job depends on altering any bad economic news? Any Republicans with a spine need to speak out.”

American Enterprise Institute director of economic policy studies Michael R. Strain wrote: “Erika McEntarfer has devoted her career to public service. She has conducted herself as BLS Commissioner with great integrity. There is no evidence whatsoever that BLS data are politically biased. By incorrectly asserting that the data are biased, President Trump is undermining the integrity of the information that policymakers, businesses, households, and investors use to make important decisions that affect the welfare of the nation. It is imperative that decisionmakers understand that government statistics are unbiased and of the highest quality. By casting doubt on that, the President is damaging the United States.”