Surprise! Labor Department May Delay Unemployment Figures Due to Hurricane Sandy

Posted by on Oct 29, 2012 at 12:21 pm

If they’re losing two days due to the storm, here’s a compromise offer: Release them two business days later on election day.

The Labor Department said Monday that it has yet to make a decision on whether to delay Friday’s closely-watched October employment report due to the effects from Hurricane Sandy.

Federal government offices in Washington are closed Monday and may be shut again Tuesday due to the storm. It isn’t clear if the closure would cause a delay in processing the data.

“We will assess the situation when the weather emergency is over and notify the press and public of any changes at that time,” said Gary Steinberg, spokesman for the Bureau of Labor Statistics, the data arm of the department.

The Labor Department is also scheduled to release its third quarter employment cost index Wednesday, and the third quarter productivity and weekly jobless claims reports Thursday.

The most closely watched is Friday’s jobs report, which will give the final measure the unemployment ahead of next week’s presidential election.

2 Responses to “Surprise! Labor Department May Delay Unemployment Figures Due to Hurricane Sandy”

  1. Esau's Message on 29/29/12 at 3:19 pm

    What a bunch of hooey. Tell me that these statistics have not been corrupted by politics. Just tell me. Doesn’t matter, I wouldn’t believe you anyway.