Record · the original document behind a story
Kevin Hassett says jobs numbers have been blockbuster
Published by Yahoo Finance on May 11, 2026.
A May 11, 2026 Yahoo Finance article. The byline and page metadata date it May 11, 2026. This page uses it only for the office. The October 2 transcript does not state one.
The cited passage, with surrounding source text
… <!-- HTML_TAG_END --> </div></span> <span class="text l2-get-premium-text neo-font-label-md-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">Get Finance Plus </span> </a> </div></div></div> </nav> </div></header> <section class="theme-dialog-wrapper yf-vuiny0"><dialog class="no-bb yf-1avyt5o hidden" role="dialog" aria-label="Appearance Selector" data-testid="" data-yf-dialog> </dialog> </section> <div id="nimbus-app" tabindex="-1" class="yf-dh9ks8"><aside class="yf-dh9ks8 desktop-only"><div class="market-indices-header-container yf-dbajf5" data-testid="market-indices-header"><div class="market-indices-header yf-dbajf5"><div class="region-dropdown yf-dbajf5"><span class="market-time-icon yf-dbajf5"><div class="market-time integrated yf-15o3pj8"><div class="mk-wrapper yf-15o3pj8" data-id="mk-wrapper"><div class="icon-wrapper yf-15o3pj8"><span class="container yf-534r60" style=""><button 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<div class="menu-container" data-testid="simple-menu" role="presentation"> <button aria-label="" role="button" id="" class="btn link-3 neo-px-5 neo-min-h-9 neo-min-w-13 neo-w-fit neo-gap-1 dropdown-trigger yf-17a6rca" data-ylk="elm:dropdown;elmt:button;itc:0;sec:mrkt-sum;subsec:US%20Markets;slk:US%20Markets" data-yga="{"yLinkElement":"dropdown","yLinkElementType":"button","yModuleName":"mrkt-sum","ySubModuleName":"US Markets","yLinkText":"US Markets","yTrafficOrigin":"mrkt-sum US Markets"}" tabindex="0" aria-haspopup="listbox"> <span class="text btn-content neo-font-label-md-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"> US Markets <span aria-hidden="true" class="simple-icon yf-wh6n3g"><!-- HTML_TAG_START --><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M16.59 8.59 12 13.17 7.41 8.59 6 10l6 6 6-6z"/></svg><!-- HTML_TAG_END --></span> </span></button> <div 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role="option" aria-selected="false" tabindex="-1" data-value="ASIA" id="opt-7262">Asia Markets <div aria-hidden="true" class="icon fin-icon action-icn sz-medium check yf-15ilbqr"><!-- HTML_TAG_START --><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M9 16.17 4.83 12l-1.42 1.41L9 19 21 7l-1.41-1.41z"/></svg><!-- HTML_TAG_END --> </div> </div><div class="itm yf-9uwqc6" role="option" aria-selected="false" tabindex="-1" data-value="CRYPTOCURRENCIES" id="opt-2867">Cryptocurrencies <div aria-hidden="true" class="icon fin-icon action-icn sz-medium check yf-15ilbqr"><!-- HTML_TAG_START --><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M9 16.17 4.83 12l-1.42 1.41L9 19 21 7l-1.41-1.41z"/></svg><!-- HTML_TAG_END --> </div> </div><div class="itm yf-9uwqc6" role="option" aria-selected="false" tabindex="-1" data-value="RATES" id="opt-2495">Rates <div aria-hidden="true" class="icon fin-icon action-icn sz-medium check yf-15ilbqr"><!-- HTML_TAG_START --><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M9 16.17 4.83 12l-1.42 1.41L9 19 21 7l-1.41-1.41z"/></svg><!-- HTML_TAG_END --> </div> </div><div class="itm yf-9uwqc6" role="option" aria-selected="false" tabindex="-1" data-value="COMMODITIES" id="opt-5940">Commodities <div aria-hidden="true" class="icon fin-icon action-icn sz-medium check yf-15ilbqr"><!-- HTML_TAG_START --><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M9 16.17 4.83 12l-1.42 1.41L9 19 21 7l-1.41-1.41z"/></svg><!-- HTML_TAG_END --> </div> </div><div class="itm yf-9uwqc6" role="option" aria-selected="false" tabindex="-1" data-value="CURRENCIES" id="opt-8705">Currencies <div aria-hidden="true" class="icon fin-icon action-icn sz-medium check yf-15ilbqr"><!-- HTML_TAG_START --><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M9 16.17 4.83 12l-1.42 1.41L9 19 21 7l-1.41-1.41z"/></svg><!-- HTML_TAG_END --> </div> </div></div></div></div> </div> <span class="mobile-market-time yf-dbajf5"><span class="mobile-market-time-divider yf-dbajf5"></span> <span class="mobile-market-time-text yf-dbajf5">U.S. markets open in 5h 32m</span></span></div> <div class="carousel-wrapper yf-dbajf5"><div style="display: contents; --_padding:0;"> <div><div class="scroll-carousel yf-17re3t7 padded" data-testid="carousel-container"><div class="indices-list yf-dbajf5"> <div class="ticker-item-wrapper yf-1o9ayn7"><div class="ticker-item valid-quote" data-testid="ticker-list-item"><div class="row yf-1o9ayn7"><div class="ticker-info yf-1o9ayn7"> <a class="hyperlink variant-default level-loud ticker-name yf-18gyie4" data-ylk="elm:qte;elmt:link;itc:0;sec:mrkt-sum;slk:ES%3DF;subsec:US%20Markets;source:mrkt-sum%20US%20Markets" data-yga="{"yLinkElement":"qte","yLinkElementType":"link","yModuleName":"mrkt-sum","yLinkText":"ES=F","ySubModuleName":"US Markets","yTrafficOrigin":"mrkt-sum US Markets"}" data-testid="ticker-symbol-link" href="/quote/ES%3DF/"> <span class="text neo-font-label-sm-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">S&P Futures </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="ES=F" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="7696" active>7,696.00</fin-streamer> <div class="percent-price-change txt-negative yf-1o9ayn7"><fin-streamer class="price-change txt-negative yf-1o9ayn7" data-symbol="ES=F" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="-26" data-tstyle="default" active><span class="txt-negative yf-1o9ayn7">-26.00</span></fin-streamer> <fin-streamer class="percent-change txt-negative yf-1o9ayn7" data-symbol="ES=F" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="-0.33670035" data-tstyle="default" data-template="{fmt}" active><span 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font-variant-numeric: normal;">Dow Futures </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="YM=F" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="52975" active>52,975.00</fin-streamer> <div class="percent-price-change txt-negative yf-1o9ayn7"><fin-streamer class="price-change txt-negative yf-1o9ayn7" data-symbol="YM=F" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="-465" data-tstyle="default" active><span class="txt-negative yf-1o9ayn7">-465.00</span></fin-streamer> <fin-streamer class="percent-change txt-negative yf-1o9ayn7" data-symbol="YM=F" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="-0.8701347" data-tstyle="default" data-template="{fmt}" active><span class="txt-negative yf-1o9ayn7">-0.87%</span></fin-streamer></div></div></div> <div class="sparkline-wrapper yf-1o9ayn7" data-testid="sparkline-wrapper"> <div 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neo-font-label-sm-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">Nasdaq Futures </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="NQ=F" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="29561.25" active>29,561.25</fin-streamer> <div class="percent-price-change txt-negative yf-1o9ayn7"><fin-streamer class="price-change txt-negative yf-1o9ayn7" data-symbol="NQ=F" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="-4" data-tstyle="default" active><span class="txt-negative yf-1o9ayn7">-4.00</span></fin-streamer> <fin-streamer class="percent-change txt-negative yf-1o9ayn7" data-symbol="NQ=F" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="-0.013529397" data-tstyle="default" data-template="{fmt}" active><span class="txt-negative 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class="ticker-item-wrapper yf-1o9ayn7"><div class="ticker-item valid-quote" data-testid="ticker-list-item"><div class="row yf-1o9ayn7"><div class="ticker-info yf-1o9ayn7"> <a class="hyperlink variant-default level-loud ticker-name yf-18gyie4" data-ylk="elm:qte;elmt:link;itc:0;sec:mrkt-sum;slk:RTY%3DF;subsec:US%20Markets;source:mrkt-sum%20US%20Markets" data-yga="{"yLinkElement":"qte","yLinkElementType":"link","yModuleName":"mrkt-sum","yLinkText":"RTY=F","ySubModuleName":"US Markets","yTrafficOrigin":"mrkt-sum US Markets"}" data-testid="ticker-symbol-link" href="/quote/RTY%3DF/"> <span class="text neo-font-label-sm-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">Russell 2000 Futures </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="RTY=F" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="2958.4" 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style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">VIX </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="^VIX" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="15.72" active>15.72</fin-streamer> <div class="percent-price-change txt-positive yf-1o9ayn7"><fin-streamer class="price-change txt-positive yf-1o9ayn7" data-symbol="^VIX" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="0.42000008" data-tstyle="default" active><span class="txt-positive yf-1o9ayn7">+0.42</span></fin-streamer> <fin-streamer class="percent-change txt-positive yf-1o9ayn7" data-symbol="^VIX" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="2.7433057" data-tstyle="default" data-template="{fmt}" active><span class="txt-positive yf-1o9ayn7">+2.74%</span></fin-streamer></div></div></div> <div class="sparkline-wrapper yf-1o9ayn7" data-testid="sparkline-wrapper"> <div data-testid="sparkline" class="" style="width: 56px; height: 24px;"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 56 24" preserveAspectRatio="none" class="yf-1bqur6r"><defs><linearGradient id="positiveGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#037b4b8c"></stop><stop offset="100%" stop-color="#037b4b1a"></stop></linearGradient><linearGradient id="negativeGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#d60a221a"></stop><stop offset="100%" stop-color="#d60a228c"></stop></linearGradient></defs><path d="M 2 20 L 52 20" fill="transparent" stroke="#464e56" stroke-dasharray="1 3" stroke-width="1" vector-effect="non-scaling-stroke"></path><path d="M 2.9433962264150946 7.4418604651163145 L 3.257861635220126 8.279069767441879 L 3.5723270440251573 8.279069767441879 L 3.8867924528301887 4.930232558139548 L 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data-ylk="elm:qte;elmt:link;itc:0;sec:mrkt-sum;slk:GC%3DF;subsec:US%20Markets;source:mrkt-sum%20US%20Markets" data-yga="{"yLinkElement":"qte","yLinkElementType":"link","yModuleName":"mrkt-sum","yLinkText":"GC=F","ySubModuleName":"US Markets","yTrafficOrigin":"mrkt-sum US Markets"}" data-testid="ticker-symbol-link" href="/quote/GC%3DF/"> <span class="text neo-font-label-sm-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">Gold </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="GC=F" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="4440.3" active>4,440.30</fin-streamer> <div class="percent-price-change txt-negative yf-1o9ayn7"><fin-streamer class="price-change txt-negative yf-1o9ayn7" data-symbol="GC=F" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="-36.300293" data-tstyle="default" active><span class="txt-negative yf-1o9ayn7">-36.30</span></fin-streamer> <fin-streamer class="percent-change txt-negative yf-1o9ayn7" data-symbol="GC=F" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="-0.8108898" data-tstyle="default" data-template="{fmt}" active><span class="txt-negative yf-1o9ayn7">-0.81%</span></fin-streamer></div></div></div> <div class="sparkline-wrapper yf-1o9ayn7" data-testid="sparkline-wrapper"> <div data-testid="sparkline" class="" style="width: 56px; height: 24px;"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 56 24" preserveAspectRatio="none" class="yf-1bqur6r"><defs><linearGradient id="positiveGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#037b4b8c"></stop><stop offset="100%" stop-color="#037b4b1a"></stop></linearGradient><linearGradient id="negativeGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#d60a221a"></stop><stop offset="100%" 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data-yga="{"yLinkElement":"qte","yLinkElementType":"link","yModuleName":"mrkt-sum","yLinkText":"BTC-USD","ySubModuleName":"US Markets","yTrafficOrigin":"mrkt-sum US Markets"}" data-testid="ticker-symbol-link" href="/quote/BTC-USD/"> <span class="text neo-font-label-sm-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">Bitcoin USD </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="BTC-USD" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="78429.08" active>78,429.08</fin-streamer> <div class="percent-price-change txt-negative yf-1o9ayn7"><fin-streamer class="price-change txt-negative yf-1o9ayn7" data-symbol="BTC-USD" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="-955.41406" data-tstyle="default" active><span class="txt-negative yf-1o9ayn7">-955.41</span></fin-streamer> <fin-streamer class="percent-change txt-negative yf-1o9ayn7" data-symbol="BTC-USD" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="-1.2035273" data-tstyle="default" data-template="{fmt}" active><span class="txt-negative yf-1o9ayn7">-1.20%</span></fin-streamer></div></div></div> <div class="sparkline-wrapper yf-1o9ayn7" data-testid="sparkline-wrapper"> <div data-testid="sparkline" class="" style="width: 56px; height: 24px;"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 56 24" preserveAspectRatio="none" class="yf-1bqur6r"><defs><linearGradient id="positiveGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#037b4b8c"></stop><stop offset="100%" stop-color="#037b4b1a"></stop></linearGradient><linearGradient id="negativeGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#d60a221a"></stop><stop offset="100%" stop-color="#d60a228c"></stop></linearGradient></defs><path d="M 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data-ylk="elm:qte;elmt:link;itc:0;sec:mrkt-sum;slk:CL%3DF;subsec:US%20Markets;source:mrkt-sum%20US%20Markets" data-yga="{"yLinkElement":"qte","yLinkElementType":"link","yModuleName":"mrkt-sum","yLinkText":"CL=F","ySubModuleName":"US Markets","yTrafficOrigin":"mrkt-sum US Markets"}" data-testid="ticker-symbol-link" href="/quote/CL%3DF/"> <span class="text neo-font-label-sm-emphasis yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">Crude Oil Oct 26 </span> </a> <div class="price-row yf-1o9ayn7"><fin-streamer key="price" class="last-price yf-1o9ayn7" data-symbol="CL=F" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" data-value="94.36" active>94.36</fin-streamer> <div class="percent-price-change txt-positive yf-1o9ayn7"><fin-streamer class="price-change txt-positive yf-1o9ayn7" data-symbol="CL=F" data-field="regularMarketChange" data-trend="txt" data-pricehint="2" data-value="2.8799973" data-tstyle="default" active><span class="txt-positive yf-1o9ayn7">+2.88</span></fin-streamer> <fin-streamer class="percent-change txt-positive yf-1o9ayn7" data-symbol="CL=F" data-field="regularMarketChangePercent" data-trend="txt" data-pricehint="2" data-value="3.148226" data-tstyle="default" data-template="{fmt}" active><span class="txt-positive yf-1o9ayn7">+3.15%</span></fin-streamer></div></div></div> <div class="sparkline-wrapper yf-1o9ayn7" data-testid="sparkline-wrapper"> <div data-testid="sparkline" class="" style="width: 56px; height: 24px;"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 56 24" preserveAspectRatio="none" class="yf-1bqur6r"><defs><linearGradient id="positiveGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#037b4b8c"></stop><stop offset="100%" stop-color="#037b4b1a"></stop></linearGradient><linearGradient id="negativeGradient" x1="0" x2="0" y1="0" y2="1"><stop offset="0%" stop-color="#d60a221a"></stop><stop 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yf-1wlntij"><h1 class="cover-title yf-1wlntij">Kevin Hassett says jobs numbers are down 'because we don't have this massive inflow of immigrants that are working'</h1> <label data-testid="typography" class=" type-ui-xxl-reg yf-gjjls9"> </label></div></div> <div class="cover-wrap yf-1wlntij"><section class="tw-mb-8 tw-rounded-md tw-overflow-hidden yf-182xluv" data-testid="video-player"><div class="loader yf-182xluv"><div class="tw-flex yf-usnhox" data-testid=""><svg width="50" height="50" shape-rendering="geometricPrecision" text-rendering="geometricPrecision" style="white-space:pre" viewBox="0 0 88 88" xmlns="http://www.w3.org/2000/svg" role="img" aria-label="Progress Spinner"><g display="none"><rect width="88" height="88" fill="#fff"></rect></g><g transform="translate(-1.9444 -.8564)"><g transform="translate(45.348 45.348) rotate(12.73) scale(.75) translate(.49 130.55)" style="animation:2s linear infinite both counter-ring-animated-2_t, 2s linear infinite forwards 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linear infinite both Path-1-8_do"></path></g></g><g transform="translate(45.348 45.348) rotate(182.73) scale(.75) translate(.49 130.55)" visibility="hidden" style="animation:2s linear infinite both counter-ring-animated-2-7_t, 2s linear infinite forwards counter-ring-animated-2-7_v"><g transform="translate(-.49 -130.55)" opacity="0" style="animation:2s linear infinite both Ellipse-1-13_o"><path transform="translate(0) rotate(200)" d="m0-50.552v0c27.919 0 50.552 22.633 50.552 50.552s-22.633 50.552-50.552 50.552-50.552-22.633-50.552-50.552 22.633-50.552 50.552-50.552z" fill="none" stroke="#b0b9c1" stroke-dasharray="318" stroke-dashoffset="318" stroke-linecap="round" stroke-width="10" style="animation:2s linear infinite both Path-1-13_da, 2s linear infinite both Path-1-13_do"></path></g><g transform="translate(-.49 -130.55)" opacity="0" style="animation:2s linear infinite both Ellipse-1-14_o"><path transform="translate(0) rotate(-60)" d="m0-50.552c-27.919 0-50.552 22.633-50.552 50.552s22.633 50.552 50.552 50.552 50.552-22.633 50.552-50.552-22.633-50.552-50.552-50.552z" fill="none" stroke="#b0b9c1" stroke-dasharray="318" stroke-dashoffset="230" stroke-linecap="round" stroke-width="10" style="animation:2s linear infinite both Path-1-14_da, 2s linear infinite both Path-1-14_do"></path></g></g><g transform="translate(45.348 45.348) rotate(12.73) scale(.75) translate(.49 130.55)" visibility="hidden" style="animation:2s linear infinite both counter-ring-animated-2-6_t, 2s linear infinite forwards counter-ring-animated-2-6_v"><g transform="translate(-.49 -130.55)" opacity="0" style="animation:2s linear infinite both Ellipse-1-11_o"><path transform="translate(0) rotate(200)" d="m0-50.552v0c27.919 0 50.552 22.633 50.552 50.552s-22.633 50.552-50.552 50.552-50.552-22.633-50.552-50.552 22.633-50.552 50.552-50.552z" fill="none" stroke="#b0b9c1" stroke-dasharray="318" stroke-dashoffset="318" stroke-linecap="round" stroke-width="10" style="animation:2s linear infinite both Path-1-11_da, 2s linear infinite both Path-1-11_do"></path></g><g transform="translate(-.49 -130.55)" opacity="0" style="animation:2s linear infinite both Ellipse-1-12_o"><path transform="translate(0) rotate(-60)" d="m0-50.552c-27.919 0-50.552 22.633-50.552 50.552s22.633 50.552 50.552 50.552 50.552-22.633 50.552-50.552-22.633-50.552-50.552-50.552z" fill="none" stroke="#b0b9c1" stroke-dasharray="318" stroke-dashoffset="230" stroke-linecap="round" stroke-width="10" style="animation:2s linear infinite both Path-1-12_da, 2s linear infinite both Path-1-12_do"></path></g></g></g></svg> </div></div> </section></div> <div class="byline yf-z1ictt"><div class="byline-attr yf-z1ictt"> <div><div class="byline-attr-author yf-z1ictt"> Dave Smith </div> <div class="byline-attr-time-style"> <time class="byline-attr-meta-time" datetime="2026-05-11T20:55:00+00:00" data-timestamp="2026-05-11T20:55:00+00:00">May 11, 2026</time> <span class="byline-attr-mins-read yf-1pgkgts">3 min 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12h12v2H6zm0-3h12v2H6zm0-3h12v2H6z"/></svg><!-- HTML_TAG_END --> </div> </button></div></div> </div> <div class="body-wrap yf-1qcy35b"> <div class="body yf-v6n2s3" data-testid="article-body"> <div class="bodyItems-wrapper"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Some economists might find the latest jobs numbers underwhelming, especially compared to the eye-popping results from the early post-pandemic years — but Kevin Hassett, the director of the National Economic Council, went on <em>CNBC</em> (1)'s Squawk Box on Monday (2) to argue the numbers look worse than they are because the Trump administration has cracked down on immigrants, who previously propped up payroll reports.<!-- HTML_TAG_END --> </p> <div class="wrapper yf-2smqn1" data-testid="inarticle-ad"> <div id="sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-1" class="sdaContainer dv-all sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-1 yf-d5hqm1 overflow margin visible placeholder" data-testid="ad-container" data-ad-unit="/22888152279/us/yfin/ros/dt/us_yfin_ros_dt_mid_center" data-ad-size="970x250,728x90,970x90,300x250,fluid" data-ad-region="main-dynamic" data-ad-loc="mid_center" style="--placeholder-height: 250px;"> </div></div> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->"The jobs numbers right now have been blockbuster," Hassett said. "The breakeven job number is a lot lower than it used to be because we've tightened the border. And so 120,000, 130,000 this year is sort of like 200,000 two or three years ago because we don't have this massive inflow of immigrants that are working."<!-- HTML_TAG_END --> </p> <h2 class="text text-block heading text-left neo-font-heading-lg yf-18d6y07" role="heading" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Must Read<!-- HTML_TAG_END --> </h2> <ul class="yf-1jsc1up"><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Thanks to Jeff Bezos, you can now <a href="https://moneywise.com/investing/real-estate/invest-vacation-rental-homes-v?throw=DM1_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_31fccb8c-0d4d-4e95-acd9-4996034eea08" data-ylk="slk:become%20a%20landlord%20for%20as%20little%20as%20%24100;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"become a landlord for as little as $100","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">become a landlord for as little as $100</a> — and no, you don't have to deal with tenants or fix freezers. Here's how<!-- HTML_TAG_END --> </p> </li><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Robert Kiyosaki says <a href="https://moneywise.com/news/investing/robert-kiyosaki-says-this-1-asset-will-surge-400-in-a-year-warns-prices-are-about-to-explode-urges-investors-not-to-miss-out-do-you-own-any?throw=DM2_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_19701688-7f94-458a-9b57-9fc49a8591e4" data-ylk="slk:this%201%20asset%20will%20surge%20400%25%20in%20a%20year;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"this 1 asset will surge 400% in a year","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">this 1 asset will surge 400% in a year</a> and begs investors not to miss this 'explosion'<!-- HTML_TAG_END --> </p> </li><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — <a href="https://moneywise.com/managing-money/retirement-planning/dave-ramsey-warns-nearly-50-of-americans-are-making-1?throw=DM3_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_d62684a0-920a-409e-9631-7cce05852986" data-ylk="slk:here's%20how%20to%20fix%20it%20ASAP;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"here's how to fix it ASAP","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">here's how to fix it ASAP</a><!-- HTML_TAG_END --> </p> </li> </ul> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->The April jobs report (3) had something for both sides of the argument. Job creation topped expectations for the month, with nonfarm payrolls up by a seasonally adjusted 115,000 for April, but average hourly earnings came in lower than expected — and the month also saw a noticeable drop in the labor force and tech-related jobs.<!-- HTML_TAG_END --> </p> <div class="wrapper yf-2smqn1" data-testid="inarticle-ad"> <div id="sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-2" class="sdaContainer dv-all sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-2 yf-d5hqm1 overflow margin visible placeholder" data-testid="ad-container" data-ad-unit="/22888152279/us/yfin/ros/dt/us_yfin_ros_dt_mid_center" data-ad-size="970x250,728x90,970x90,300x250" data-ad-region="main-dynamic" data-ad-loc="mid_center_2" style="--placeholder-height: 250px;"> </div></div> <h4 class="text text-block heading text-left neo-font-label-2xl-emphasis yf-18d6y07" role="heading" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->How the 'breakeven' jobs number works<!-- HTML_TAG_END --> </h4> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Hassett's perspective on the jobs numbers is based on the breakeven, or the number of jobs the economy must add each month to keep the unemployment rate from drifting up. When immigration rises, the breakeven climbs. When it slows, the same payroll figure starts signaling a tighter labor market.<!-- HTML_TAG_END --> </p> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->For historical scale, a Federal Reserve staff note published last month (4) noted the breakeven averaged around 80,000 a month in the 2010s and ran as high as 185,000 in the 1970s, when baby boomers and women were flooding into the workforce.<!-- HTML_TAG_END --> </p> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START --><strong>Read More: </strong><a href="https://moneywise.com/real-estate/real-estate/fundrise-private?throw=HALF_yahoo&placement_syn=placement_2&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_bb5514e7-0d8d-4af3-a0cf-4a427d254675" data-ylk="slk:This%20%241B%20private%20real%20estate%20fund%20is%20now%20accessible%20to%20non-millionaires.%20Start%20investing%20with%20just%20%2410;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"This $1B private real estate fund is now accessible to non-millionaires. Start investing with just $10","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow"><strong>This $1B private real estate fund is now accessible to non-millionaires. Start investing with just $10</strong></a><!-- HTML_TAG_END --> </p> <h4 class="text text-block heading text-left neo-font-label-2xl-emphasis yf-18d6y07" role="heading" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->What economists are still debating<!-- HTML_TAG_END --> </h4> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Some economists have offered partial support for Hassett's framing. Chicago Fed President Austan Goolsbee told (5) <em>CNBC</em> (6) on Friday the labor market has been "pretty much stable for a year, year and a half," calling it as stable "without being good." Dan North, senior economist for North America at Allianz, told <em>CNBC</em> the report was "fairly bulletproof this month."<!-- HTML_TAG_END --> </p> </div> <div class="readmore yf-11souuj"> <button class="secondary-btn fin-size-large readmore-button rounded highlightWhenExpanded yf-7mptsx" data-ylk="elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues" data-yga="{"yLinkElement":"readmore","yModuleName":"content-canvas","yLinkText":"Story Continues"}" aria-label="Story Continues" title="Story Continues"> <span>Story Continues</span> </button> </div> <div class="read-more-wrapper" style="display: none" data-testid="read-more"> <div class="wrapper yf-2smqn1" data-testid="inarticle-ad"> <div id="sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-3" class="sdaContainer dv-all sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-3 yf-d5hqm1 overflow margin visible placeholder" data-testid="ad-container" data-ad-unit="/22888152279/us/yfin/ros/dt/us_yfin_ros_dt_mid_center" data-ad-size="970x250,728x90,970x90,300x250" data-ad-region="main-dynamic" data-ad-loc="mid_center_3" style="--placeholder-height: 250px;"> </div></div> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Others are not sold. Joseph Brusuelas, chief economist at RSM US, pushed back earlier this year (7) on attributing softer hiring to demographics, calling it "an attempt to distract from immigration and trade policies." Kory Kantenga, LinkedIn's head of economics for the Americas, told <em>CNN</em> (8) that "half of the job gains came from retail and transportation and warehousing; those are sectors that do not consistently add jobs."<!-- HTML_TAG_END --> </p> <h2 class="text text-block heading text-left neo-font-heading-lg yf-18d6y07" role="heading" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->You May Also Like<!-- HTML_TAG_END --> </h2> <ul class="yf-1jsc1up"><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Millionaires under 43 are reshaping investing — just 25% of their portfolios are in stocks. <a href="https://moneywise.com/investing/alternative-investments/rich-young-americans?throw=WTRN1_yahoo&placement_syn=placement_3&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_d2c1b292-bce1-47a1-a0b0-d671b88f3d36" data-ylk="slk:Here's%20where%20their%20money%20is%20going;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"Here's where their money is going","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">Here's where their money is going</a><!-- HTML_TAG_END --> </p> </li><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Taxes are going to change for retirees under Trump's 'big beautiful bill' — <a href="https://moneywise.com/taxes/taxes-are-going-to-change-for-retirees-under-trumps-big-beautiful-bill-heres-why-you-cant-afford-to-waste-time?throw=WTRN2_yahoo&placement_syn=placement_3&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_c6ee3b15-d609-4404-a093-9b266b5ab486" data-ylk="slk:here%20are%204%20reasons%20you%20can't%20afford%20to%20waste%20time;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"here are 4 reasons you can't afford to waste time","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">here are 4 reasons you can't afford to waste time</a><!-- HTML_TAG_END --> </p> </li><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Robert Kiyosaki <a href="https://moneywise.com/news/economy/kiyosaki-us-baby-boomers-federal-reserve?throw=WTRN3_yahoo&placement_syn=placement_3&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_9a909625-0379-4c36-a35c-db59bfc5c68b" data-ylk="slk:issues%20grim%20warning%20for%20baby%20boomers;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"issues grim warning for baby boomers","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">issues grim warning for baby boomers</a>: many could be 'wiped out' and homeless 'all over' the country<!-- HTML_TAG_END --> </p> </li><li class="yf-1jsc1up"> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Vanguard's outlook on U.S. stocks is raising alarm bells for retirees. <a href="https://moneywise.com/retirement/retirement/vanguard-raise-alarm-stocks-retirees?throw=WTRN4_yahoo&placement_syn=placement_3&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_12472c1b-8cbb-4dde-b5e6-3a10dfc097a1" data-ylk="slk:Here's%20why%20and%20how%20to%20protect%20yourself;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"Here's why and how to protect yourself","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">Here's why and how to protect yourself</a><!-- HTML_TAG_END --> </p> </li> </ul> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Join 250,000+ readers and get Moneywise's best stories and exclusive interviews first — clear insights curated and delivered weekly. <a href="https://moneywise.com/subscription?throw=WTRN5_yahoo&placement_syn=placement_3&utm_source=syn_oath_mon&utm_medium=BL&utm_campaign=185419&utm_content=syn_4a70c907-8bd9-4204-bb60-bb97b84d57de" data-ylk="slk:Subscribe%20now.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"Subscribe now.","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow"><strong>Subscribe now.</strong></a><!-- HTML_TAG_END --> </p> <div class="wrapper yf-2smqn1" data-testid="inarticle-ad"> <div id="sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-4" class="sdaContainer dv-all sda-INARTICLE-5533a9ec-fbfc-367e-bbcf-f0a8cd0a0df3-4 yf-d5hqm1 overflow margin visible placeholder" data-testid="ad-container" data-ad-unit="/22888152279/us/yfin/ros/dt/us_yfin_ros_dt_mid_center" data-ad-size="970x250,728x90,970x90,300x250" data-ad-region="main-dynamic" data-ad-loc="mid_center_4" style="--placeholder-height: 250px;"> </div></div> <h3 class="text text-block heading text-left neo-font-label-2xl-emphasis yf-18d6y07" role="heading" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->Article Sources<!-- HTML_TAG_END --> </h3> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START --><em>We rely only on vetted sources and credible third-party reporting. For details, see our</em> <a href="https://moneywise.com/editorial-ethics-and-guidelines?utm_source=syn_oath_mon&utm_medium=WL&utm_campaign=185419&utm_content=syn_c5328806-df76-45ba-8c89-11c0d3b02823" data-ylk="slk:ethics%20and%20guidelines;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"ethics and guidelines","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow"><em>ethics and guidelines</em></a><em>.</em><!-- HTML_TAG_END --> </p> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->CNBC <a href="https://www.cnbc.com/video/2026/05/11/watch-cnbcs-full-interview-with-white-house-national-economic-council-director-kevin-hassett.html" data-ylk="slk:(1);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(1)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(1)</a>,<a href="https://www.cnbc.com/video/2026/05/11/watch-cnbcs-full-interview-with-white-house-national-economic-council-director-kevin-hassett.html" data-ylk="slk:(2);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(2)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(2)</a>,<a href="https://www.cnbc.com/2026/05/08/jobs-report-april-2026.html" data-ylk="slk:(3);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(3)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(3)</a>,<a href="https://www.cnbc.com/2026/05/08/jobs-report-april-2026.html" data-ylk="slk:(5);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(5)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(5)</a>,<a href="https://www.cnbc.com/2026/05/08/jobs-report-april-2026.html" data-ylk="slk:(6);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(6)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(6)</a>; U.S. Federal Reserve <a href="https://www.federalreserve.gov/econres/notes/feds-notes/labor-force-growth-breakeven-employment-and-potential-gdp-growth-20260402.html" data-ylk="slk:(4);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(4)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(4)</a>; The Hill <a href="https://thehill.com/business/5732317-top-white-house-aides-tamp-down-january-jobs-expectation/" data-ylk="slk:(7);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(7)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(7)</a>; CNN <a href="https://www.cnn.com/2026/05/08/economy/us-jobs-report-april" data-ylk="slk:(8);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"(8)","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">(8)</a><!-- HTML_TAG_END --> </p> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;"><!-- HTML_TAG_START -->This article originally appeared on <a href="https://moneywise.com?placement_syn=original_1&utm_source=syn_oath_mon&utm_medium=WL&utm_campaign=185419&utm_content=syn_d5771236-ff39-4b9e-a117-f5ca977d6826" data-ylk="slk:Moneywise.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"Moneywise.com","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">Moneywise.com</a> under the title: <a href="https://moneywise.com/news/economy/kevin-hassett-jobs-numbers-immigration-breakeven?placement_syn=original_2&utm_source=syn_oath_mon&utm_medium=WL&utm_campaign=185419&utm_content=syn_01f0c514-2bbc-4509-bbb5-0404de88846d" data-ylk="slk:Kevin%20Hassett%20says%20jobs%20numbers%20are%20down%20'because%20we%20don't%20have%20this%20massive%20inflow%20of%20immigrants%20that%20are%20working';elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default" data-yga="{"yLinkText":"Kevin Hassett says jobs numbers are down 'because we don't have this massive inflow of immigrants that are working'","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" target="_blank" rel="noopener noreferrer nofollow">Kevin Hassett says jobs numbers are down 'because we don't have this massive inflow of immigrants that are working'</a><!-- HTML_TAG_END --> </p> <p class="text text-block paragraph text-left neo-font-paragraph-xl-reg yf-18d6y07" style="text-decoration: none; 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- Payrolls rise by 162,000 and July's loss becomes a gain, with two volatile categories supplying 101,000 of it · cited for Hassett's break-even claim
- Payrolls rose by an estimated 29,000 in September, a change too small for the survey to tell from none · cited for Hassett's office, director of the National Economic Council
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Timeline entries this record anchors: Coverage of the release and the forecasts published before it.