November Jobs Report: Unique Impact of Government Shutdown

Unusual Jobs Report: Delayed & Combined Data Due to Government ShutdownThe November jobs report, typically released in early December, is now out on the sixteenth due to the recent government shutdown. This report includes half of Octobers data, making it a unique and potentially confusing read. Despite the delay, only about forty thousand jobs are expected to have been added, keeping the unemployment rate at four point four percent. The shutdowns impact on data collection and payrolls is minimal, but economists will closely watch industry-specific job gains, wage growth, and labor force participation rates for insights into the job markets trajectory.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.