Federal Reserve interest rates
Fed interest rate decision: The US government's Bureau of Labor Statistics (BLS) will not release its October jobs report, delayed by the recent federal shutdown, removing a key economic indicator at a time when a stagnant labor market and persistent inflation have fueled concerns about a potential slowdown, as per a report.
The November jobs report, which is normally published on the first Friday of December, will still be released but has been pushed back to December 16, per the updated BLS schedule, reported NBC News.
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The November report has been postponed and will now be published on December 16.
Is a Fed rate cut likely now?
After the BLS announcement, traders’ expectations for a rate cut fell from 50% to around 36%.
October Jobs Report Cancelled & November Jobs Report Delayed Due to Shutdown
The November jobs report, which is normally published on the first Friday of December, will still be released but has been pushed back to December 16, per the updated BLS schedule, reported NBC News. BLS to Release Partial October Payroll Data Only
Alongside this, BLS will share some October payroll data collected from government and private industry, but household survey information from the Current Population Survey will not be available, as per the report.ALSO READ: BlackRock Bitcoin ETF records $523 million biggest one-day outflow as BTC drops below $90,000
Household Survey Data for October 2025 Unavailable
The agency said that the "Household survey data from the Current Population Survey could not be collected for the October 2025 reference period due to a lapse in appropriations," and it is "not able to be retroactively collected," as quoted by NBC News.September Jobs Figures Scheduled for Thursday Release
BLS also noted that the collection period for November data will be extended for both payroll and household surveys, with extra processing time added, as per the report. Meanwhile, September jobs figures are scheduled for release on Thursday morning.ALSO READ: Bitcoin price today falls below $90,000 – why is the world's top cryptocurrency BTC USD on a seven-month low free fall?
JOLTS Report: September and October Data Combined
In addition, the Bureau will release data on job openings and labor turnover, known as JOLTS, under an adjusted schedule, as per the report. Instead of a standalone September JOLTS report, that month’s data will be combined with October figures and published on December 9, as reported by NBC News.Delayed Jobs Reports Complicate Fed Interest Rate Decisions
The delay and loss of these reports complicate the Federal Reserve’s decision-making as its open markets committee prepares to meet on December 9–10, as per the report. Labor market information is a key factor in the Fed’s assessment of whether to adjust interest rates, according to the NBC News report.Fed Rate Cut Probability Drop Following BLS Announcement
Traders had initially priced in about a 50% chance of a rate cut by the Fed, but after the BLS announcement, that probability fell to roughly 36%, making it less likely that the central bank will lower its key interest rate, as per the NBC News report.FAQs
When will the November jobs report come out?The November report has been postponed and will now be published on December 16.
Is a Fed rate cut likely now?
After the BLS announcement, traders’ expectations for a rate cut fell from 50% to around 36%.
