Overview of Important Macroeconomic Events This Week!
The content of the article is only personal opinion and should not be taken as any investment advice!
Let’s review the macroeconomic data that need attention this week:
Tuesday evening's non-farm data, unemployment rate, wage rate!
This time, the unemployment rate and non-farm data do not have previous values. I dug up the unemployment rate in September, which is 4.4, and the non-farm number for September is 11.9!
The reason for the lack of previous values is that the record government shutdown in the U.S. prevented the Bureau of Labor Statistics from collecting household survey data for October (used to calculate the unemployment rate), and this data cannot be supplemented later. Therefore, the Bureau of Labor Statistics decided to cancel the separate release of the October non-farm employment report and include its data in the November report.