Shocking Change: October Jobs Report to Exclude Unemployment Rate – What You Need to Know
Bloomberg.com3 months ago
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Shocking Change: October Jobs Report to Exclude Unemployment Rate – What You Need to Know

RECRUITMENT TRENDS
jobsreport
unemployment
economicnews
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Summary:

  • October jobs report will not include the unemployment rate due to an unconducted household survey

  • Only the jobs part of the report will be released, providing incomplete labor market data

  • This is a temporary change affecting just one month, as confirmed by economic officials

October Jobs Report to Skip Unemployment Rate, Hassett Says

The October jobs report will be released without a reading of the unemployment rate, President Donald Trump's top economic adviser announced on Thursday.

National Economic Council Director Kevin Hassett explained on Fox News: "The household survey wasn't conducted in October, so we're going to get half the employment report. We'll get the jobs part, but we won't get the unemployment rate, and that'll just be for one month."

This unusual omission means that key labor market insights will be missing, potentially affecting how economists and the public interpret the data.

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