A post by @FirstSquawk on X.
NEC’S HASSETT: WE HAVE A JOBS MARKET HITTING ON ALL CYLINDERS
@FirstSquawk on X
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National Economic Council Director Kevin Hassett said the U.S. labor market is "hitting on all cylinders," a characterization of jobs conditions that carries weight for Federal Reserve rate deliberations. The remark, delivered via a First Squawk tweet, offers no accompanying data but signals continued White House confidence in employment strength. Markets will watch upcoming payrolls and unemployment figures to see whether the data corroborate Hassett's assessment, since a resilient jobs market could keep policymakers cautious about easing.
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Kevin Hassett, National Economic Council