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White House economic adviser: slightly disappointed with employment data, expected to be revised upwards

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2025-09-05 13:30:31
On September 5th, after the release of the non-farm payrolls report, White House economic adviser Hassett commented that he was slightly disappointed with the employment data. He stressed that a series of data must be comprehensively reviewed. He expected the employment report to be revised up in the future, while citing past research on employment data revisions 70,000. (Foreign media correction here: non-" employment data may be revised up nearly 70,000 ") He believes that the investment boom in the United States will boost national income, and continued wage growth is also expected to offset inflationary pressures. He also pointed out that the US economy is ready to deal with tariffs. When talking about the outlook for monetary policy, Hassett said that the market has good reasons to be optimistic about the Federal Reserve's decision.
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