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Labor Department won't release full October jobs report, a casualty of the 43-day federal shutdown
The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and so
Federal Reserve officials are heading into their next meeting with an incomplete picture of the labor market. The September jobs report is due Thursday.
The closely followed report was originally scheduled for release on Oct. 3, but it was shelved by the government shutdown.
More than 1.9 million Americans filed claims for unemployment benefits in mid-October, the highest mark since early August, according to data from the Department of Labor. For the week ending Oct.
A raft of job cut announcements this fall from big companies like Amazon, Verizon, and Target calls into question the state of what has been deemed a “no-hire, no-fire” labor market.