US Jobs Report and Retail Sales Today: What October–November Data Could Reveal About the Economy and Fed Policy (Dec. 16, 2025)
The U.S. government will release a combined October-November jobs report Tuesday after a 43-day shutdown delayed data collection. October’s household survey was not conducted, so no official October unemployment rate will be published—a first since 1948. September’s figures showed nonfarm payrolls up 119,000 and unemployment at 4.4%. The Federal Reserve cut rates last week citing labor market softness.