September Jobs Report Release Scheduled for Next Week: NPR
The Labor Department has confirmed that the September jobs report will be released next Thursday. This report, a crucial indicator of the job market, is set to come out almost seven weeks behind its typical schedule. The delay was attributed to the recent government shutdown, which temporarily impacted the agency responsible for compiling these statistics.
Impacts of the Government Shutdown
The latest jobs report includes detailed information on hiring trends, layoffs, and the unemployment rate for September. It was largely complete when federal economists were furloughed due to the shutdown. Since data collection was finished prior to the shutdown, publishing the report is expected to be straightforward.
Ongoing Economic Reports
Despite the imminent release of the September jobs report, other important economic updates remain pending. The government must carry out surveys and price evaluations before it can provide figures on October’s job gains and inflation. Additionally, reports related to consumer spending and GDP are overdue, leaving stakeholders in search of insights into the current state of the U.S. economy.
- September Jobs Report Release: Next Thursday.
- Delayed Due to Government Shutdown: Nearly seven weeks behind.
- Data on Hiring and Unemployment Rate: Almost complete before the shutdown.
- Pending Reports: October job gains and inflation; consumer spending; GDP.
The Bureau of Labor Statistics (BLS) plans to issue an updated schedule for any remaining reports as soon as it is feasible. A message on the BLS website acknowledges the public’s patience during this time.
