No. 572: October Employment and Unemployment

(SGS Subscription required) • Large Shift in August-October Period Seasonal Adjustments
Bloated Latest Payroll Reporting
• Loss of Long-Term Unemployed from Headline Labor Force
Boosted Alternate Unemployment Rate to New High
• Government-Shutdown Impact on October Unemployment Reporting
Masked by Misclassification and Seasonal-Adjustment Fiasco
• October Unemployment: 7.3% (U.3), 13.8% (U.6), 23.5% (ShadowStats)

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