Almost a year ago, there was a post that asked if the US Bureau of Labor Statistics (BLS) was compromised. To follow up with the question, is the BLS is showing any signs of tampering or malpractice?

Hello everyone!

So today I was reflecting on how there feels like there is a gap between certain variables in the market. To name some negative variables, there have been massive layoffs in the US labor market and there is the ongoing conflict in Iran and Ukraine which is impacting energy and therefore inflation. However, the stock market is booming, particularly with memory stocks, and there have been articles that the US job market has surpassed expectations.

I don’t know why but I have a feeling that I am missing some information. I am not sure if the global economy is truly doing as well as what is being reported or if the numbers are being manipulated. It feels like everything that is going on should lead to a recession, but it is not happening.

I know that my initial question was about the integrity of the BLS, but I hope that people could also respond to some of the points that I am hoping to discuss.

Here are the articles that I am referring to:

https://www.reddit.com/r/AskEconomics/comments/1n1kk0o/has_the_bureau_of_labor_statistics_been/

https://www.pbs.org/newshour/show/what-a-stronger-than-expected-jobs-report-tells-us-about-the-state-of-the-economy

Here is an article from the WSJ that responds to question that I asked:

https://www.wsj.com/economy/acting-bls-commissioner-rejects-speculation-about-falsified-u-s-data-160e5dea?st=6DHqop&reflink=article\_copyURL\_share