Topline
National Economic Council Director Kevin Hassett said Thursday the delayed jobs data for last month will be partially released, as Wall Street prepares for the release of a tranche of delayed key economic reports that it expects will show a declining labor market and high inflation.
The White House has said last month’s jobs report and inflation data would “likely never” be released.
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Key Facts
Hassett, speaking to Fox News on Thursday, said the October jobs report—originally scheduled for release on Nov. 7—will include data on the number of jobs added in the month, but will not include the unemployment rate because a household survey was not conducted during the government shutdown.
Hassett’s comments dispelled concerns the report would not be released, after White House press secretary Karoline Leavitt said Wednesday that economic data for October would “likely never” be published and could be “permanently impaired.”
Hassett did not specify a release date for the data on jobs added in October, but noted the report for September, which was also delayed due to the government shutdown, has “already been cooked” and could potentially be released next week.
What Reports Were Delayed?
The Bureau of Labor Statistics postponed the release of these economic reports during the government shutdown, among others:
- September’s jobs and unemployment report, originally scheduled for Oct. 3
- September’s consumer price index report, postponed until Oct. 24
- September’s consumer expenditures report, originally scheduled for Oct. 30
- October’s jobs and unemployment report, originally scheduled for Nov. 7
- October’s CPI report, originally scheduled for Nov. 13