The US Labor Bureau commented on the non-farm payroll: the unemployment rate is real, and the non-farm payroll data is...
2024-11-01 13:02:47
United States Bureau of Labor Review Nonfarm Unemployment Rate Nonfarm Numbers...desk3cryptocurrencydesktopCrypto News
On November 1st, the Bureau of Labor Statistics announced that the landfall and impact of Hurricane "Helene" was before the reference period of the household survey (unemployment rate) and the business survey (non-farm payrolls). Hurricane "Milton" was within the survey reference period. October's household survey response rate was within the normal range. < b > October's business survey collection rate was well below average. Employment estimates in some industries are likely to be affected by the hurricane. However, it is impossible to quantify the hurricane's impact on non-farm payrolls, average hourly earnings, and other data. The national unemployment rate was not significantly affected by the hurricane. The Bureau of Labor Statistics will release state estimates of employment and unemployment rates for October at 23:00 (Beijing time) on November 19, 2024.
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