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2w ago

Labor Department Won't Issue Full October Jobs Report After 43-Day Shutdown

The next complete employment report arrives Dec. 16 after the shutdown blocked the October household survey.

La entrada de la sede del Departamento de Trabajo de Estados Unidos, cerca del Capitolio, en Washington, el 7 de mayo del 2020. (AP foto/J. Scott Applewhite)
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Los números de desempleo de septiembre reavivaron la posibilidad de un recorte de tasas.
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Overview

  • Officials said the October household survey could not be conducted during the closure and cannot be recreated, preventing an unemployment rate for that month.
  • The department will release October employer payroll figures, with the full November report delayed to Dec. 16.
  • A 43-day federal shutdown suspended Bureau of Labor Statistics field operations, halting normal data collection.
  • The delayed September report showed payrolls up 119,000 and the unemployment rate at 4.4%.
  • Revisions were sizable, including August now showing a loss of 4,000 jobs and 911,000 fewer jobs for the year ending in March than previously reported, leaving September as the last full read before the Fed’s Dec. 9–10 meeting.