U.S. September Jobs Data to Be Released Tonight After Two-Month Delay
The U.S. Bureau of Labor Statistics will release September employment figures at 9:30 PM Beijing time on November 20, data originally scheduled for October 3 but postponed due to the government shutdown, BlockBeats reports. The bureau completed data collection before the shutdown, limiting potential systemic bias. At the October FOMC meeting, the Federal Reserve proceeded with a rate cut despite incomplete data references, with Chair Powell indicating December rate cuts were not "a done deal" and describing the October reduction as "risk management-style easing." Tonight's release includes the September unemployment rate, seasonally adjusted nonfarm payrolls, and initial jobless claims for the week ending November 15.