Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next month.

On Friday, the Bureau of Labor Statistics released a jobs report that upended the narrative pundits, journalists, government officials, and the White House had been repeating for months: The economy is doing just fine.

President Trump promoted his own version of reality in the Oval Office after firing the head of the agency that collects employment statistics last week.