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President Donald Trump has criticized the latest jobs report, alleging the numbers were “rigged.” He is set to appoint a new leader for the Bureau of Labor Statistics after the report showed a slowdown in hiring. Democrats quickly pushed back. Senate Majority Leader Chuck Schumer accused Trump of lying about the jobs report, while Senator Jeff Merkley warned of “Trumpflation.” Meanwhile, the Director of the White House National Economic Council says trillions of dollars in new tariffs will help balance the budget, stating that inflation numbers are the lowest in five years. Mark Hamrick with Bankrate joins to break down the jobs report numbers and whether he believes the numbers were rigged.
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