Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next month.

E lon Musk’s DOGE may have completed much of its work in the federal bureaucracy, but the trickle-down effect from Musk’s chainsaw contributed to the downward employment revisions that drew President Trump’s ire and led to the now-infamous firing of the labor statistics commissioner.

President Donald Trump has a pattern of dismissing or altering data that reflects poorly on him. During his first term, the Republican president suggested reducing COVID-19 testing to make the outbreak seem less severe.