The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it.

President Trump fired the Bureau of Labor Statistics Commissioner, slamming her for a weak jobs report and claiming she ‘rigged’ the data. Former Council of Economic Advisers Chair Jared Bernstein joins Erielle Reshef to explain how such a move undermines U.

The labor statistics chief that President Trump fired Friday is a "terrific person, but the jobs data her agency produced has become "very unreliable," National Economic Council director Kevin Hassett said Sunday.

President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” Yet revisions by the BLS were neither historic nor evidence of corruption.

The Bureau of Labor Statistics uses surveys to collect economic data including employment counts, wages and inflation.

Gold prices remained largely unchanged on Monday after a sharp rally at the end of last week, as weak U.S. employment numbers bolstered expectations for interest rate cuts by the Federal Reserve. At 05:00 ET (09:00 GMT),

Hong Konglisted gold stocks surged on Monday, boosted by rising bullion prices as weak U.S. economic data strengthened expectations for a Federal Reserve interest rate cut. The July U.S. nonfarm payroll report showed