Hassett: The October employment report will not include unemployment rate data

According to Jin Shi reports, White House National Economic Council Director Hassett stated that the employment report for October will not include the unemployment rate reading. Hassett said, "The household survey was not conducted in October, so we will only get half of the employment report. We will obtain data on the job creation part, but we will not get the unemployment rate, and this situation will only last for one month." The U.S. non-farm employment report consists of two surveys—one is a survey of businesses (which generates the main non-farm employment numbers), and the other is a survey of households (which is responsible for the unemployment rate). While many businesses keep records and report data electronically, it will be more difficult to retrospectively contact workers and ask them to recall their employment status for a specific week in October.