October Jobs Report to Skip Unemployment Rate Says Hassett скачать в хорошем качестве

October Jobs Report to Skip Unemployment Rate Says Hassett

The October jobs report will be released without a reading of the unemployment rate, President Donald Trump’s top economic adviser said Thursday. “The household survey wasn’t conducted in October, so we’re going to get half the employment report,” National Economic Council Director Kevin Hassett said on Fox News. “We’ll get the jobs part, but we won’t get the unemployment rate, and that’ll just be for one month.” The October jobs report, originally scheduled for publication by the Bureau of Labor Statistics on Nov. 7, was one of many economic releases to not come out during the government shutdown. No data collection happened once the shutdown began as workers were furloughed. Hassett, speaking to reporters at the White House, said it’s possible the September report, which was due Oct. 3, comes out next week. Data collection for that report was completed by the time the shutdown began on Oct. 1. Statistical agencies, as well as other government departments, are slowly getting back up and running since Trump signed a law restoring funding late Wednesday. BLS, which will probably put out an updated release schedule soon, didn’t immediately respond to a request for comment. Bloomberg's Stuart Paul joins to discuss with Paul Sweeney and Scarlet Fu. The jobs report is composed of two surveys — one of businesses, which produces the main payrolls number, and another of households, which is responsible for the unemployment rate. While many businesses retain their records and report the data themselves electronically, reaching workers over the phone and asking them to recall their employment status for a particular week in October would be more difficult to conduct retroactively. White House Press Secretary Karoline Leavitt said Wednesday that the October jobs report as well as consumer price index would “likely never” be released. However, she didn’t clarify whether she was referring to the entire jobs report or just part of it. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake