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White House Says October Eco Data Likely Won't Be Released
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Why This Matters
The White House has indicated that October economic data, including jobs numbers, may not be released due to the ongoing government shutdown, suggesting a potential pause in hiring until the end of the year.
Market Impact
Market impact analysis based on bearish sentiment with 68% confidence.
Sentiment
Bearish
AI Confidence
68%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Bob Michele, CIO and GFICC head for JP Morgan Asset Management, says that company data tells him that businesses are in 'pause mode' on hiring until the end of the year. White House press secretary Karoline Leavitt said Wednesday that economic data, including October jobs numbers, will likely stay unreleased after the government reopens. (Source: Bloomberg)
Original article published by
Bloomberg
on November 12, 2025.
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Analysis and insights provided by AnalystMarkets AI.