https://www.scmp.com/rss/522467/feed The latest news and top stories on Erika McEntarfer, a distinguished American labour economist. Known for over two decades of public service, she recently served as the 16th Commissioner of Labor Statistics, confirmed with bipartisan support in 2024. Her career includes senior roles at the U.S. Census Bureau, where she led research on employer-employee data, and as a senior economist at the White House Council of Economic Advisers. Her expertise lies in labour market dynamics, including job loss... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Associated Press Associated Press US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump’s economic policies. The Labor Department said on Friday that hiring decelerated from 79,000 in July and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labor Department reported on Friday. When the department put out a disappointing... https://www.scmp.com/news/world/united-states-canada/article/3324561/hiring-stalls-us-firms-hold-back-expansion-amid-economic-uncertainty?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3324561/hiring-stalls-us-firms-hold-back-expansion-amid-economic-uncertainty?utm_source=rss_feed Fri, 05 Sep 2025 13:40:45 +0000 David Dodwell David Dodwell Who before this month had ever heard of Erika McEntarfer, the career statistician who toiled quietly and uncontroversially at the heart of the US data-gathering machine, for 20 years at the Census Bureau and more recently as head of the Bureau of Labour Statistics? Who except US President Donald Trump could have sought to create a firestorm out of dull labour statistics, accusing McEntarfer of rigging jobs numbers to contradict his narrative of a robustly recovering economy, and making an... https://www.scmp.com/opinion/hong-kong-opinion/article/3322690/trump-isnt-first-leader-be-paranoid-about-economic-data?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3322690/trump-isnt-first-leader-be-paranoid-about-economic-data?utm_source=rss_feed Fri, 22 Aug 2025 12:30:07 +0000 Agence France-Presse Agence France-Presse US President Donald Trump on Monday picked a right-wing think tank economist to head the Bureau of Labour Statistics, replacing the commissioner he fired for reducing previously reported job growth estimates. Trump said in a post on his Truth Social platform that he was nominating E.J. Antoni to be commissioner of the bureau. “Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE,” Trump said in the post. “I know E.J. Antoni will do an incredible job in... https://www.scmp.com/news/world/united-states-canada/article/3321536/trump-picks-heritage-foundation-economist-head-us-labour-statistics-bureau?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3321536/trump-picks-heritage-foundation-economist-head-us-labour-statistics-bureau?utm_source=rss_feed Tue, 12 Aug 2025 05:28:53 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks started the week on a solid note on Monday, as the benchmark gauge ended a four-day streak of declines on hopes that a worsening US job market would lead to an interest-rate cut and leave more room for China to ease its monetary policy to bolster growth. The Hang Seng Index rose 0.9 per cent to 24,733.45 at the close. The Hang Seng Tech Index gained 1.6 per cent. On the mainland, the CSI 300 Index climbed 0.4 per cent, and the Shanghai Composite Index added 0.7 per cent. New... https://www.scmp.com/business/china-business/article/3320626/hong-kong-stocks-snap-4-day-decline-us-jobs-data-fuels-fed-rate-cut-bets?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3320626/hong-kong-stocks-snap-4-day-decline-us-jobs-data-fuels-fed-rate-cut-bets?utm_source=rss_feed Mon, 04 Aug 2025 02:31:30 +0000