Summary
The Labor Department will not release a full jobs report for October due to a 43-day government shutdown, which prevented data collection. Instead, it will release partial October data along with the full November report on December 16. September's jobs data will be released this week and will be important for Federal Reserve discussions on interest rates.
Key Facts
- The U.S. government shutdown lasted 43 days.
- The October jobs report is incomplete because the Labor Department couldn't gather all data.
- The November complete report, including some October data, will be released on December 16.
- September's jobs report will now be released on Thursday, having been delayed from October 3.
- Federal Reserve officials will use the September data to inform decisions on interest rates at their upcoming meeting.
- The household survey, used to calculate the unemployment rate, couldn't be conducted for October.
- President Trump fired the Bureau of Labor Statistics commissioner in July after a disappointing jobs report.
- There is no suspicion of misconduct regarding the delay; the shutdown halted operations for six weeks.
