Ep. 253 - Trump FIRES BLS Chief - HERE'S WHY!

06 Aug 2025 • 19 min • EN
19 min
00:00
19:22
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👍 Like and subscribe to What’s Your 1 More Podcast for honest conversations that impact your wallet and your home. What happens when a flawed government jobs report shapes mortgage rates and the housing market? In this episode, Quinton Harris breaks down the latest BLS report, why massive negative revisions are creating market whiplash, and what it means for interest rates, home values, and your equity. He explains how inaccurate data can stall opportunities for buyers, sellers, and current homeowners — and why private sector reporting might be the key to real economic clarity. “Let’s focus on how we can help people the right way — not just on what side of the table you’re on.”   Special thanks to our show sponsor, Texana Bank! We’re proud to partner with a bank that’s not just about transactions, but about creating opportunities for professionals. From innovative programs like REMLO to nationwide lending solutions, Texana Bank is helping reshape the future of real estate and mortgage careers. 👉 Check them out at https://mortgage.texanabank.com — and see what makes them different. 👉 Check out REMLO out at https://mortgage.texanabank.com/remloprogram/ for more information and to sign up now!   Connect with us: Youtube: https://www.youtube.com/@whatsyour1more Apple: https://podcasts.apple.com/us/podcast/whats-your-1-more/id1647180355 Facebook: /whatsyour1more Twitter: /whatsyour1more Instagram: /whatsyour1more Spotify: https://open.spotify.com/show/37zPGizSKOGid1NVnm92i5   If you enjoyed this episode, please like, subscribe, and share your thoughts in the comments—your feedback and engagement mean the world to us and help shape future episodes of What’s Your 1 More! Thank you for being part of our community!   00:00 Intro  00:25 Jobs Week & Fed  00:55 BLS vs ADP  01:35 BLS accuracy issues  02:55 Revisions & trends  04:45 July jobs report  06:15 U3 vs U6 unemployment  07:25 Trump fires BLS head  09:05 REMLO sponsor segment  10:05 ADP recalibration  11:25 Market reaction delays  13:00 Gov’t report control  14:00 Reduce BLS impact  15:05 Job claims & multiple jobs  16:00 Powell vs Trump at Fed  17:35 Should Fed trust BLS?  18:20 Private sector data focus  18:45 Homeowner & equity concerns  19:00 Closing & subscribe

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