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October Jobs Report Won't Include Unemployment Rate, Hassett Says
Bloomberg
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2 days ago
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00:00
The September jobs report has already been cooked, and we expect we might get that next week.
00:04
It just hasn't been released. The October employment report for the payroll side will be
00:11
able to be calculated, but the household survey wasn't completed, so we'll get sort of half the
00:16
jobs report. Most everything else, I think, we'll be able to concoct the correct number after we
00:22
look back, but we will never know what the unemployment rate was in October. People were
00:26
actually brought back in as essential employees a couple days early so that the furloughed
00:31
employees could get their checks as soon as possible, and I was really pleased to see some
00:34
of my furloughed employees show up today, and there's a lot of hugging and smiling. I think
00:39
that the payments will come probably early next week. I think that's what I mean, maybe even before.
00:45
There really has been an aggressive effort to get people to get their checks as soon as possible.
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