Kevin Hassett Questions Allegations of Manipulated Labor Data Amid Revision Concerns

Kevin Hassett discusses allegations that the head of labor statistics manipulated employment data, emphasizing that recent data revisions serve as compelling evidence. He highlights specific instances, such as a significant upward revision in job numbers following President Biden's withdrawal from the presidential race, raising questions about data integrity. Hassett underscores the administration's commitment to ensuring the credibility of economic data and the importance of understanding the reasons behind consistent revisions. In his remarks, Hassett points out that these revisions, particularly the notable increase in reported job gains, have prompted concerns over potential biases influencing labor statistics. He stresses that restoring trust in economic reports is a top priority for the government, urging transparency and thorough investigation into these data adjustments.