White House advisor Hassett expects jobs report to revise up

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White House advisor Hassett expects jobs report to revise up


Kevin Hassett, Chairman of the National Council of Economic Advisors, answers questions during a television interview outside the West Wing of the White House f on August 06, 2025 in Washington, DC.

Win Mcnamee | Getty Images

White House economic advisor Kevin Hassett called Friday’s new jobs report number “a little bit disappointing,” but added, “I expect it’s going to revise up.”

Hassett’s comments on CNBC’s “Squawk on the Street” came shortly after the Bureau of Labor Statistics reported that nonfarm payrolls rose by only 22,000 in August.

That is less than one-third of the 75,000 new jobs expected by economists who were surveyed by Dow Jones ahead of the report.

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