Particle.news
Download on the App Store

White House Says October CPI and Jobs Data May Never Publish as Government Reopens

A top economic adviser says the payrolls tally will be released without an unemployment rate after October’s household survey was not conducted.

Overview

  • A stopgap bill ended the 43‑day shutdown, and statistical agencies are preparing revised release calendars for delayed reports.
  • Economists expect September data, including the jobs report, to arrive quickly because collection was completed before the shutdown.
  • The White House says October CPI and the full jobs report will likely not be published, citing missed in‑person data collection and lasting data quality concerns.
  • Kevin Hassett said the October employment release will likely include nonfarm payrolls but not the unemployment rate due to the missing household survey.
  • With official data gaps before the Fed’s December meeting, analysts are leaning on private indicators and nowcasts, even as experts urge prioritizing November releases.