What data is the Labor Department releasing?published at 13:05 GMT
Danielle Kaye
New York business reporter
The Bureau of Labor Statistics is set to release long-awaited data that should help shed light on the state of the US jobs market in November – and, partially, in October.
The monthly jobs report usually comes out on the first Friday of each month. But the 43-day federal government shutdown, which lasted through mid-November, left statistical agencies understaffed, forcing data collection to grind to a halt.
Because of the fallout from the shutdown, the Labor Department postponed the November jobs report by more than a week. That delay has left economists, investors and central bankers anxiously awaiting today’s numbers.
There’s another wrinkle in today’s unusual release – the Labor Department is set to unveil partial labour market data from October alongside the full November report.
The monthly employment report is informed by two separate surveys, one of households and the other of businesses. The household survey for October was scrapped altogether due to the government shutdown, meaning the government will not report an unemployment rate for that month. But hiring numbers from employers were still collected electronically in October and will also be released today, the department says.
