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

A six-week shutdown erased October household interviews, forcing the Fed to deliberate in December without a complete labor snapshot.

Overview

  • The Labor Department said October’s household survey could not be conducted during the 43‑day shutdown, so no unemployment rate will be published for that month.
  • October establishment payrolls will be folded into November’s report now scheduled for Dec. 16, with extended collection and processing noted by BLS.
  • The last full read before the Fed meets arrives Thursday with the delayed September report, and economists expect roughly 50,000 job gains with a 4.3% unemployment rate.
  • A Labor Department website showed 232,000 initial claims for the week ending Oct. 18 in what officials described as an inadvertent early posting, with continuing claims reported at 1.957 million.
  • Following the scheduling change, traders trimmed odds of a December rate cut while private trackers, WARN notices and high‑profile layoff announcements signaled a softer labor market in October.