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Long-Delayed September Jobs Report Set for Thursday as Claims Point to Softer Labor Market

An erroneous early posting put initial jobless claims at 232,000 with continuing claims at 1.957 million for Oct. 18, signaling strain as agencies restart normal releases.

Overview

  • The Bureau of Labor Statistics rescheduled the September employment report for Thursday after a 43‑day shutdown halted data collection and publication.
  • Labor Department figures show 232,000 initial claims and 1.957 million continuing claims for the week ended Oct. 18, the highest continuing rolls since early August.
  • Officials said the Oct. 18 claims posting occurred by mistake due to a technical issue, and they plan to correct and complete the series by Nov. 20.
  • Economists expect modest September payroll gains of roughly 50,000–58,000 with unemployment near 4.3%, reflecting a labor market that has cooled without collapsing.
  • Some October statistics may be partial or unavailable, complicating Federal Reserve assessments ahead of its December meeting as private layoff signals and elevated continuing claims point to softness.