White House financial adviser, Kevin Hasset, acknowledged the slowdown in the labor market, noting that the revisions of employment were “huge” and that the data is better adapted, however, expressing his optimism about the future course of the labor market.

The federal government today published evidence that confirms the slowdown in the labor market, with the US adding just 22,000 jobs in August, well below economists’ expectations for 75,000. This is the first employment report following Donald Trump’s decision to dismiss the head of the Ministry of Labor’s Statistical Service, Erika Maccenarfers, due to charges of falsification.

White House financial adviser Kevin Hasset told reporters that President Donald Trump is aware of the government’s optimism about the future course of employment data, despite the weak evidence of August. He even said he expects the August data will be revised.

Hasset also underlined that “inflation remains low and economic growth is stable”, in an effort to alleviate the concerns that Trump’s tariff policy is affecting the American economy and the labor market, while adding that research on duties under Article 232 “is proceeding”.

White House financial adviser Kevin Hasset said on Friday that the decision to investigate under Article 232 was owned by President Donald Trump, while expressing “frustration” that India “continues to fund Russia’s war in Ukraine”.

Referring to employment data, Hasset said he needed “better job adjustments”, as revisions were “huge”, and stressed that there was “a link between labor market and immigration policy enforcement”. He even expressed the belief that “local workers are replacing illegal immigrants” in the labor market.

Regarding the Fed, Hasset noted that “we want to look at the moves it will make” and estimated that he would discuss the possibility of “greater reduction”.