Brett Matsumoto, Commissioner of Labor Statistics
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President Trump Extends Most Favored Nation Drug Pricing to All U.S. Medicaid Programs
The White House stated, “These agreements are projected to save Americans more than $600 billion.“ President Donald Trump extended Most Favored Nation pricing to prescription drugs under every Medicaid…
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Labor Department Reports Drop in Unemployment Benefit Applications
The Federal Reserve maintained current interest rates as the unemployment rate and layoffs are at historical lows. The Labor Department’s Bureau of Labor Statistics reported that applications for…
Read MoreU.S. Employment Growth Surpasses Expectations in May
Labor market adds 172,000 jobs as unemployment holds steady and wage growth slows. The Bureau of Labor Statistics released data showing that the U.S. economy added 172,000 nonfarm…
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Labor Department Reports Lowest Weekly Unemployment Numbers in Over 5 Decades
The number of U.S. jobless claims fell to the fewest since 1969. The U.S. Labor Department’s Bureau of Labor Statistics released the unemployment benefit applications April 25 that…
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The White House Responds to BLS Consumer Price Index Report
The report shows the inflation rate continuing to cool. The Bureau of Labor Statistics (BLS) issued its Consumer Price Index (CPI) report for January late last week. The…
Read MoreLabor Department Releases September Jobs Report Delayed by Shutdown
The report came out nearly a month and a half late due to Congress not neglecting to fund the federal government. The Bureau of Labor Statistics (BLS) released…
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Federal Reserve Lowers Interest Rate for Second Time in 2025
The most recent CPI numbers showed a slightly lower increase in inflation than anticipated. The Federal Reserve reduced the federal interest rate by .25 percent on Wednesday. Chairman…
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National Economic Council Director Responds to Firing of BLS Commissioner
He supports President Trump’s move to improve the accuracy and reliability of data. President Donald Trump fired the Commissioner of the Bureau of Labor Statistics (BLS), Erika McEntarfer,…
Read MoreBureau of Labor Statistics Reports Job Growth of 139,000 in May
Monthly employment data shows standard hiring increase ahead of summer. The Bureau of Labor Statistics recently released its monthly employment report, recording a growth of 139,000 nonfarm payroll…
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