🚨 US Jobs Report Update: Shutdown Delays Mean More Waiting But Here's the Latest Scoop! 📊
Hey folks, the #USJobsData just got hit with a major curveball from that record 43-day government shutdown. No full October report (household survey data lost forever 😩), but BLS is bundling October payrolls with November's release on Dec 16 at 8:30 AM ET.
Buckle up the Fed's Dec 9-10 meeting might happen without the full picture!
Quick Hits on What We Know So Far:
Sept 2025 (Latest Full Report): +119K jobs added (beat expectations after Aug's -4K dip).
Unemployment ticked up to 4.4% (highest in 4 yrs, from 4.3%). Labor market's in "no-hire, no-fire" mode amid tariffs & AI shifts.
Nov Private Payrolls (ADP Preview):Unexpected -32K drop (worst since Mar 2023), led by small biz losses (-120K). Medium (+51K) & large (+39K) firms held steady. Pay growth slowing in H2 2025.
Chicago Fed Tease:Nov unemployment forecast at 4.44% (slight dip from Oct est 4.46%), hiring rate for unemployed at 44.85%. Layoffs low at 2.09%.Is the jobs engine stalling under policy chaos, or just a shutdown blip?
Economists say rebound likely in Nov, but tariffs are biting small biz hard. What do you think rate cut incoming or hold steady?
Drop your takes below! 👇 #Economy #rsshanto #LaborMarket #FedWatch
