Despite a loss of 168,000 federal government jobs, November’s unemployment situation was “little changed,” the U.S. Bureau of Labor Statistics (BLS) reported Tuesday.
Due to the federal government shutdown, which lasted all of October and nearly half of November, BLS did not publish a report for October. As a result, much of Tuesday’s report compares November to September – preventing analysts and Fed Reserve Chairman Jerome Powell from placing much weight in the partial results.
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