Time and a Half: U.S. Employment Report Preview
From wellsfargo.bluematrix.com
The final Employment Situation report of the year will be a unique one. On Tuesday, December 16, the Bureau of Labor Statistics will release the shutdown-delayed November jobs report. Published with it will be the establishment survey half of the October jobs report, including nonfarm payrolls and average hourly earnings. But the October household survey, which includes the unemployment rate, will not be published due to collection issues caused by the government shutdown. We estimate payroll employment declined by 60K in October, although that will overstate the loss of momentum in job growth. October marked the ...
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