BLS Cancels October Jobs Report, Delays November Release to Dec. 16

Overview

• The Bureau of Labor Statistics will not issue a standalone October employment report and will fold October payrolls into the November report.
• The November Employment Situation is now scheduled for December 16, more than a week later than planned.
• October’s household survey could not be conducted during the shutdown and cannot be recreated, so no unemployment rate or related household measures will be published for that month.
• BLS said it is extending November collection windows for both the household and establishment surveys to capture more responses.
• According to records back to 1994, this is the first cancellation of a full monthly jobs report, and markets lowered the odds of a December rate cut as the Fed enters its Dec. 9–10 meeting with older labor data.