Loading...
[U.S. September Nonfarm Payrolls Report May Be Affected by Government Shutdown on Data Timeliness] The September nonfarm payrolls report, delayed due to the U.S. government shutdown, is scheduled to be released tonight. Economists expect an increase of 50,000 jobs, with the unemployment rate projected to remain at 4.3%. This report may be the last reliable employment report for the coming months, as the government shutdown has disrupted data collection and analysis for parts of October and November. Indeed Hiring Lab economist Allison Shrivastava believes that changes in the report may be limited, and the labor market's weakness is likely to persist. Pantheon Macroeconomics senior U.S. economist Oliver Allen stated that the data vacuum period could amplify any negative impacts.