US EditionWhite House says October jobs and inflation data may never be released
The government shutdown halted data collection, causing the White House to warn October jobs and inflation reports may be permanently shelved, complicating economic decisions.
- Recently, the White House said federal jobs and CPI reports due in October are unlikely to be published after the shutdown ends, surprising investors and economists.
- Federal workers who collect data were not deployed after Oct. 1, so economists had already expected an October release might not occur and the last official jobs report was the August report released on September 5.
- ADP's October reading showed 42,000 jobs added, potentially filling the gap left by the expected absence of official data after the shutdown, as officials remain uncertain about publication timing.
- Policymakers, market participants and economists expect a 'fog of data' after the shutdown, and Fed Chair Jerome Powell called the lack of data on Oct. 29 "a temporary state of affairs."
- It was unclear whether Leavitt meant the jobs report scheduled for Nov. 7 or the Sept. report due on Oct. 3, and requests for clarification went unanswered.
27 Articles
27 Articles
WH May Withhold October Jobs, Inflation Data
The Trump administration may not release federal jobs and inflation reports for October because of the government shutdown, the White House said Wednesday. In a press briefing, White House press secretary Karoline Leavitt said the Bureau of Labor Statistics may be unable to release the reports after the shutdown "permanently impaired" economic data collected in nationwide surveys during that time. The bureau had been set to issue the latest Cons…
Trump might bury economic data, admits his propaganda princess
White House press secretary Karoline Leavitt announced Wednesday that the Bureau of Labor Statistics, which failed to release an October jobs report, might never do so—and, of course, blamed Democrats in the process. “The Democrats may have permanently damaged the federal statistical system, with October's CPI and jobs reports likely never being released,” she said. “All of that economic data released will be permanently impaired, leaving our po…
October Inflation, Jobs Data May Never Be Released: White House
Official US data on how consumer inflation and the jobs market fared in October may never be published, the White House said Wednesday, citing the longest government shutdown in the country's history.
'Flying blind': White House makes shocking claim economic data may be permanently damaged
The White House warned Wednesday that the federal statistical system could be "permanently damaged" in the fallout over the government shutdown. The October jobs and inflation data might not be released at all — a major concern for Wall Street as the shutdown dragged more than 40 days, CNBC reports. White House press secretary Karoline Leavitt told reporters during a news briefing that although the longest stalemate in U.S. government history is…
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