by: xpoolPosted on:

U.S. Unemployment Rate Steady Amid Government Shutdown

Despite delays in official unemployment figures due to the ongoing government shutdown, the Chicago Federal Reserve offers a glimpse into its stability. According to their latest forecast, the U.S. unemployment rate is projected to remain at 4.35% for October, barely changing from the September estimate of 4.34%. This projection comes despite data released earlier in September by the U.S. Bureau of Labor Statistics, which showed an unemployment rate of 4.3% for August.

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