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Jai Hamid

BLS Cancels October Jobs Report After 44-Day Shutdown, Fed December Decision Unclear

The Bureau of Labor Statistics announced November 19 it will not release the October employment report following a 44-day government shutdown that prevented data collection. October payroll figures will be combined with November's report, scheduled for December 16—six days after the Federal Reserve's final 2025 policy meeting. Markets adjusted rate-cut expectations as Fed minutes revealed divisions among officials over labor conditions and inflation pressures.
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