With Social Security’s COLA on the line, the Trump administration plans to release inflation data delayed by the shutdown
By Samantha Delouya, Tami Luhby, Matt Egan, CNN
(CNN) — The Bureau of Labor Statistics is calling some staff back to work to prepare its closely watched inflation gauge, the Consumer Price Index (CPI) report, despite the government shutdown, a Trump administration official told CNN.
The CPI report, postponed from October 15 to October 24 due to the shutdown, will be released just in time to meet the deadline for adjusting Social Security payments for next year.
“This release allows the Social Security Administration to meet statutory deadlines to ensure the accurate and timely payment of benefits,” the BLS said in a statement on its website Friday, adding that no other releases will be rescheduled or produced until the government reopens.
The Social Security Administration confirmed it will release the 2026 cost of living adjustment, known as the COLA, on October 24.
The BLS has stopped all operations since October 1, when the government’s funding lapsed. Only one employee was assigned to continue working full-time at the bureau throughout the shutdown, according to contingency plans released by the US Department of Labor, which oversees the bureau. This meant that data collection and analysis were effectively halted.
However, a Trump official told CNN that without September’s CPI data, the annual increase to Social Security benefits, which takes effect in January, could be impacted. (Social Security benefits continue to be distributed during the shutdown.)
As a result, more staff will be called back into work on an as-needed basis to complete the September CPI report.
Last week, the BLS did not release its monthly jobs report, which usually comes out on the first Friday of every month.
Social Security impact
Beneficiaries receive an annual cost of living adjustment to help them keep up with inflation. It’s based on an inflation metric from the third quarter of the year, which includes September. Social Security typically unveils the COLA amount shortly after BLS announces the CPI for September.
In its shutdown contingency plan, the Labor Department noted that a delay in the CPI release in October could impact the COLA announcement.
Senior citizens, people with disabilities and others received a 2.5% adjustment for this year, which was lower than the previous two years after a steady decline in inflation in 2024. More than 74 million people receive monthly Social Security payments.
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This story has been updated with additional content.
