The Chicago Fed estimates that the U.S. unemployment rate has remained relatively stable.

robot
Abstract generation in progress

Jin10 Data reported on October 27 that an estimate released by the Chicago Federal Reserve on Monday showed that the U.S. unemployment rate has remained stable over the past two months, while the government shutdown has delayed the release of official data. The real-time unemployment rate forecast from the regional Federal Reserve indicates that the unemployment rate in October is 4.35%, compared to 4.34% in September. The latest official data from the U.S. Bureau of Labor Statistics released in early September showed that the unemployment rate in August was 4.3%. The Chicago Federal Reserve stated that its estimate may only partially reflect the impact of the government shutdown on federal employee layoffs. Its methodology combines data from official sources as well as channels from the private sector, such as job websites, surveys, and payroll companies.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)