Sen. Elizabeth Warren (D-MA) blasted President Donald Trump for firing the Bureau of Labor Statistics commissioner. According to the latest BLS report, the economy added just 73,000 jobs in July, and the unemployment rate rose a tenth of a percentage point to 4.

While the downward revision of May and June payroll growth by 258,000 marked the largest two-month downward revision to the jobs numbers since 1968, revisions themselves are not uncommon. Revisions are "a feature, not a bug" of the agency's reporting process, Erica Groshen, former BLS commissioner under the Obama administration told CBS MoneyWatch.