October Jobs Report Won’t Include Unemployment Rate, Hassett Says

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Why This Matters

The October jobs report will not include the unemployment rate due to the US government shutdown, according to National Economic Council Director Kevin Hassett.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

“We will never know what the unemployment rate was in October,” says National Economic Council Director Kevin Hassett. He addressed reporters Thursday on the release of employment data for September and October and payments for furloughed federal workers now that the US government shutdown is over. (Source: Bloomberg)

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Summary

The October jobs report will not include the unemployment rate due to the US government shutdown, according to National Economic Council Director Kevin Hassett.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Original article published by Bloomberg on November 13, 2025.
Analysis and insights provided by AnalystMarkets AI.