The Indicator from Planet Money
ExplorePodcast overview and latest content
EpisodesBrowse the full episode archive
TopicsDiscover episodes by category
PostsBrowse published articles & write-ups

Podcast

  • Explore
  • Episodes
  • Topics
  • Posts

Recent Episodes

  • Want a 2.5% mortgage? Buy it.
  • The anxiety rattling China’s youth
  • Why Paramount went looney tunes for Warner Bros.
  • Should the families of organ donors be compensated?
  • ICE is bad for business, heat is bad for coffee, and sci-fi is bad for markets

Links

  • Apple Podcasts
  • Overcast

About

The Indicator from Planet Money

The Indicator from Planet Money

A bite-sized show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening in today's economy. It's a quick hit of insight into money, work, and business. Monday through Friday, in 10 minutes or less.

Powered byPodRewind
    The Indicator from Planet Money
    Episode•August 4, 2025•9 min

    What really goes on at the Bureau of Labor Statistics (Update)

    On Friday, we reported on the latest jobs numbers (https://www.npr.org/2025/08/01/1256575152/july-jobs-report-ai-in-the-workplace) from the Bureau of Labor Statistics, which showed weaker than expected growth. On Friday afternoon, President Trump fired the person in charge of those numbers. The monthly jobs report is a critical tool for the economy, used by businesses to make decisions and the Federal Reserve to set rates. So how exactly are those figures collected? Today, we're re-airing our behind-the-scenes look at how the BLS puts together the jobs report ... one call at a time. This show originally aired (https://www.npr.org/2022/06/03/1102884171/behind-the-scenes-of-jobs-friday) June 6, 2022. Related: Can we trust the monthly jobs report? (https://www.npr.org/2025/03/07/1236538089/doge-gdp-bls-department-of-labor-jobs-report) Would you trust an economist with your economy? (https://www.npr.org/2025/08/01/1256575142/trust-economics-trump-bls-bureau-labor-statistics-jobs) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/g-s1-26724/sierra-juarez) and Corey Bridges. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Apple PodcastsOvercast

    Transcript

    0:01
    Npr. This is the Indicator from Planet Money. I'm Darian Woods.
    0:14
    And I'm Waylon Wang. Here at the indicator. Jobs growth is one of our favorite economic indicators. It's this really direct measure of how the economy is going in a way that has this tangible, wide reaching effect on everyday people.
    0:29
    But somehow over the last few days, this has also become one of the most controversial indicators. On Friday, President Trump posted on Truth Social that he had directed his team to fire the Commissioner of Labor Statistics,
    0:42
    Erica McIntar, shake up at the Bureau of Labor Statistics. As President Trump took to Truth Social, he said that he is directing his team to fire the head of the commissioner. And now this bizarre firing or soon to be firing. What do we know now?
    0:58
    WILLIAM Riachowski, Deputy BLS Commissioner, is acting until a replacement can be appointed. This was all after a weak jobs report and major downward revisions to the number of new jobs reported for the previous few months. Trump posted that the numbers were rigged and he also accused Erica McIntyre of faking the jobs numbers before the election to boost Kamala Harris chances of winning. We've covered how the Bureau of Labour Statistics has multiple layers of protection from meddling, making that extremely unlikely. Now we at the Indicator always try to understand, really understand what's going on with economic indicators, even to the extent of going backstage with these bespectacled bureaucrats and eavesdropping on their conversations. Back in 2022, we did just this to learn how the jobs numbers are put together.
    1:49
    Today on the show behind the Scenes of Jobs Friday, we listen in as tightly held secrets that could move markets are whispered over the phone to a Florida call center.
    2:04
    There are two main surveys that go into jobs Friday. One that surveys households for things like unemployment and a second survey of businesses and government agencies. This one is called the establishment survey and this is where you get the jobs numbers. And and every month the establishment survey interviews about 130,000 employers. It covers about a third of all non farm workers in the country. Some employers complete the survey online, but a lot of it is done the old fashioned way over the phone.
    2:36
    Hi Darian, it's Erica henyon with the U.S. department of Labor. How are you doing this afternoon?
    2:40
    I'm doing very well. How are you? How are you today?
    2:43
    I'm doing okay.
    2:43
    Erica Henyon is an agent for the Bureau of Labor Statistics in the Department of Labor. She is one of about 300 people working the phones to paint that big picture of jobs in America. Erica used to work as a bakery manager, so she's no Stranger to chatting with people.
    3:00
    And I will attribute that to my mother. She's a hairdresser, so she's been a person who's always talked to people. And so I've just been around that.
    3:08
    I mean, hairdressers know everything, Waylon.
    3:10
    Yeah, they do. I mean, I have spilled many a secret to my hairdresser.
    3:13
    And this chit chatting is really important because when we spoke, Erica was aiming to make fun of 400 calls for the month with people who don't necessarily want to answer them.
    3:23
    It gets stressful towards the end because you're like, I want to make those numbers. A lot of businesses, when they, they call and we talk to them, they're not going to do it because it's not mandatory.
    3:32
    The more people who pick up the phone, the more comprehensive the survey is and the more accurate the Jobs Friday numbers will be.
    3:40
    While I'm on the line, Erica calls up a professional employer organization in Arizona. This is a kind of company that shares hiring with small businesses.
    3:50
    It's Erica, the US Department of Labor. How are you doing today? Doing good. I think I know your voice by now when you call. I know it's been a while for us.
    4:00
    The way the survey works is that the same business will get a call each month for anywhere between two and four years. That way, they're already familiar with how the survey works when Erica dials them.
    4:10
    And so for that pay period that included May 12, then how many total employees work to receive pay? 80 went up. Another person. Yay. We'll take it. It doesn't happen very often lately, so we'll take it.
    4:23
    Erica asks a few more questions, the same she'll ask every employer how many of their staff are women, how many are in non supervisory roles, Total payroll costs for everybody and the total hours were.
    4:35
    Just want me to put in a little note for the statisticians as to the reason for that increase.
    4:40
    And Erica jots down notes for why this company's employees were working more hours this month.
    4:46
    You have a very happy Memorial Day, and I'll check back with you in June. Okay. All right. Thank you. You too. Have a good one.
    4:53
    Okay, so if this is representative of the rest of the economy, then we're doing pretty good in the labor market.
    4:59
    Yep. I will take any little bit of increase that I can see. Definitely. I'm relieved that it's another business that I can check off my list. And then I just put my nose to the grindstone and call the other 399 cases that I have.
    5:13
    399.
    5:14
    We call it smiling and dialing. And you just, you call, you collect the data, you thank them, you schedule them forward, and you hang up. And then you just do the next call. And then all of a sudden you look up and it's lunchtime and you're like, where did the morning go?
    5:27
    Has it gotten easier or harder to get people to respond over the years?
    5:31
    It has gotten harder. It has gotten harder over the years, especially after the pandemic. There has been some pushback from different respondents that don't want to report the data because of the political economy the way it is and everything like that. There has been some pushback. There is some distrust there. And I've actually had a few people that have yelled at me and screamed at me, and then they called me back and apologized because they realized that they took it out on the wrong person. I'm their outlet. I am the person that they can physically talk to about the government.
    6:04
    Well, I'm glad they at least apologized, but it's like, maybe they should call their congressperson instead of yelling at Erica.
    6:10
    Yeah, absolutely. Call your congressperson.
    6:12
    Erica says she tries to get people to stay on the phone by helping them understand why the jobs numbers are so important. These numbers feed into town planning or business decisions about relocation, and also big decisions at the central bank, the Federal Reserve.
    6:28
    So remember that the Federal Reserve has two mandates at the moment. It is really focused on getting price inflation down, but it also has the goal to keep employment high, to keep jobs high. And for those jobs numbers, the chair of the Federal Reserve and his colleagues rely on the numbers spoken to people like Erica in a Florida call centre.
    6:50
    I mean, it trickles down to your price of bread, milk and eggs. So it does affect you. You just don't see it.
    6:56
    And along with explaining why the jobs report matters, Erica also makes sure to build a strong relationship with the people that she calls.
    7:03
    I have a couple respondents that share a birthday, and so I'll make sure I put, like, a note in that they had a birthday or it was their son's birthday party and ask them how everything went kind of thing.
    7:12
    So nice.
    7:13
    I've helped some people actually plan vacations to Florida because they've asked. They've been wanting to visit the area, and I'll help them find restauran locals like to eat at.
    7:22
    So let me get this straight. Erica's like an event planner. She remembers birthdays and special occasions. She's like a travel agent.
    7:30
    There are many jobs wrapped into this one interviewing job. It's incredible. Erica also gets tips about specific industries from people like a hairdresser mother.
    7:40
    I'm like, mom, I'm like, salons. When should I not call a salon? And I try and take that into account. And I take some advice from her that Tuesdays are her busiest day. So then I might not call them on a Tuesday to follow up with them.
    7:52
    Erica's soft skills are critical for getting hard numbers correct. Sometimes you hear a string of months with good jobs numbers, but then they're later advised to be not as stellar. Other times it's the opposite. There's been some high profile revisions recently,
    8:08
    and one reason for those revisions was the Bureau of Labor Statistics finally tracking down those respondents and getting their missing numbers after the deadline for jobs Friday.
    8:18
    But to get ahead of the clock, Erica does one other call this one to a corporate office in California.
    8:24
    How many total employees work to receive pay? That would be 506 employees.
    8:28
    And I feel like it's about time for me to leave Erica to continue with her work.
    8:33
    I still have another eight more calls left and I'm here for like another 45 minutes.
    8:37
    Erica ended up collecting 298 responses before the deadline, a little less than she'd hoped, but not for a lack of trying. She said there was one day where she squeezed in a massive 115 calls.
    8:51
    Well, we at the Indicator are always looking out for those job numbers. So we thank you for doing the hard work, getting those three or 400 calls every single month and getting those numbers out there.
    9:05
    Well, thank you.
    9:08
    Special thanks to Nicholas Johnson at the Bureau of Labor Statistics who really helped to make this whole episode possible. For more, check out Friday's episode on our sister show, Planet Money. This episode was produced by Julia Ritchie and Jess Kung. It was fact checked by Ciero Juarez and Corey Bridges, editing by Viet Le and Cake and Cannon. The indicator is a production of NPR.

    What really goes on at the Bureau of Labor Statistics (Update)

    0:00
    0:00

    Related Episodes

    Why Paramount went looney tunes for Warner Bros.

    Why Paramount went looney tunes for Warner Bros.

    Mar 3, 20269 min
    Paramount SkydanceWarner Bros. DiscoveryDavid Ellison
    Why there are roving rotisserie chicken mobs

    Why there are roving rotisserie chicken mobs

    Feb 23, 20269 min
    AI Job InterviewsBlind DiscriminationM2 Money Supply
    Jobs numbers, immigrants in healthcare, and ... Jesus Christ?

    Jobs numbers, immigrants in healthcare, and ... Jesus Christ?

    Feb 13, 202610 min
    Jobs ReportBureau of Labor StatisticsHealthcare Jobs
    What is going on with gold and silver?

    What is going on with gold and silver?

    Feb 11, 20269 min
    GoldSilverPrecious Metals