Overview
- The 43-day government stoppage froze collection and publication of more than 30 indicators and suspended weekly jobless claims for seven weeks.
- The Labor Department will issue the delayed September employment report next Thursday, the first official jobs readout since the shutdown.
- October’s employment release may omit an unemployment rate because the household survey was not conducted, and the October CPI may never be produced.
- The Bureau of Economic Analysis is working with BLS and the Census Bureau to assess data availability and will post an updated release calendar.
- With official statistics still incomplete, investors have pared back expectations for a December Fed rate cut and policymakers are leaning on mixed private labor-market proxies.