Hurricane Sandy Could Delay Release of Jobs Report

Monday, 29 Oct 2012 02:58 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Hurricane Sandy could complicate Friday's release of the October U.S. jobs report, the final snapshot of employment before the presidential election.

Labor Department officials are still hopeful that they can release the report as scheduled at 8:30 a.m. Friday. But they acknowledged Monday that the storm could cause a delay.

"Our intention is that Friday will be business as usual regarding the October employment ... report," said Jennifer Kaplan, a department spokeswoman.

Preparation for the jobs report typically ramps up in the week of the release. The federal government was closed Monday and final calculations could be delayed if the government stays shuttered because of the storm.

Tom Nardone, who oversees the preparation of the report, said some advance work was done Friday. And some employees were able to work remotely on the report Monday.

The report is scheduled to be released four days before Election Day.

The unemployment rate fell in September to 7.8 percent. That marked the first time that the rate had dropped below 8 percent since January 2009 — President Barack Obama's first month in office.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Fed to Publish New Labor Market Index Monthly Starting Oct. 6

Wednesday, 01 Oct 2014 14:18 PM

The Federal Reserve will begin publishing a new monthly index of U.S. labor market conditions on Monday, October 6, that . . .

September US Car Sales Show Industry's Torrid Pace Slowing

Wednesday, 01 Oct 2014 13:08 PM

U.S. auto sales in the third quarter were the best in eight years, but mixed September results from leading automakers o . . .

Mixed Signs: Factory Growth Slows but Hiring by Companies Rises

Wednesday, 01 Oct 2014 13:08 PM

Growth in U.S. factory activity slowed more than expected in September even as private sector job growth accelerated, si . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved