The Bureau of Labor Statistics (BLS) will not be releasing a full jobs report for October, as a result of the shutdown. October payroll data will be released alongside the full November data, but they won’t show Octobers unemployment rate as there was no way to collect it.
With this larger release, they are delaying the November release by over a week. This is significant because the information won’t be available for the final Fed meeting of the year. The article states that traders may be expecting a lower chance of another rate cut as a result of this problem.
Franck, T. (2025, November 19). BLS October jobs data shows hiring continues, unemployment rate ticks down. CNBC. https://www.cnbc.com/2025/11/
3 comments:
In regards to the lack of statistics being released, I wonder how this will effect company's abilities to predict how the markets will look and whether governmental employees will have stable income or not.
It's pretty wild how one shutdown can ripple so far into the data the Fed relies on most. Without a real unemployment rate for October, the December meeting becomes way more uncertain, and I get why traders are adjusting their expectations. When the timing of information breaks down like this, even everyday decisions start to feel riskier for policymakers and the markets watching them.
This shutdown has undoubtedly caused major disruptions when it comes to data and numbers. Without these necessary releases, there is a lot more uncertainty in the economy and it just seems to be a nagging issue.
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