US EditionLabor Department scraps October jobs report due to shutdown
The 43-day government shutdown halted household survey data collection, delaying the October jobs report and pushing the November release to Dec. 16, affecting Fed policy decisions.
- On Wednesday, the U.S. Labor Department announced it will not publish a full October jobs report, omitting the unemployment rate due to data gaps from the government shutdown.
- Because field staff were furloughed during the 43-day federal government shutdown, Current Population Survey household survey data could not be collected and cannot be retroactively collected.
- BLS said it will bundle October employer payroll data with the delayed November jobs report due December 16, while Automatic Data Processing Inc. showed 42,000 jobs added in October.
- The Federal Reserve will now lack the final pre-meeting jobs snapshot before Dec. 9, removing the last full hiring and unemployment data, and CME Group's FedWatch tool raised December hold odds to 66%.
- It is the first time in 12 years that monthly jobs data hasn't been released and follows months of controversy including the firing of Bureau of Labor Statistics commissioner Erika McEntarfer.
64 Articles
64 Articles
Labor Department won't release full October jobs report due to 43-day shutdown
The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the unemployment rate and some other key numbers.
Administration won’t release October report
WASHINGTON — The Labor Department said Wednesday that it won’t release a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and some other key numbers.
Labor Department won’t release full October jobs report, a casualty of the 43-day federal shutdown - Boston News, Weather, Sports
WASHINGTON (AP) — The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and some other key numbers. Instead, it will release some of the October jobs data — most importantly the number of jobs that employers created last month — along with the full November jobs report, now due a couple of weeks late on Dec.…
U.S. Labor Department won't release full October jobs report, a casualty of the 43-day federal shutdown
The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the…
Labor Department won't release full October jobs report, a casualty of the 43-day federal shutdown
The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and some other key numbers. Instead, it will release some…
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