How to Read Tuesday’s Confusing Jobs Report
Tuesday’s chaotic employment report had something for everyone from hawks to doves, bulls to bears.
The November employment report was issued a week and a half later than usual, on the third Tuesday rather than the first Friday, after being delayed by the government shutdown. It included the standard monthly data from the establishment and household surveys for last month and the establishment survey data for October. We are never going to get the household survey—which includes the unemployment and labor force participation rates–for October because the government was closed when it would normally…
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