According to BlockBeats, the Chicago Federal Reserve released an estimate indicating that the U.S. unemployment rate has remained relatively stable over the past two months, despite delays in official data due to the government shutdown. The regional Fed's real-time unemployment rate forecast shows a rate of 4.35% for October, compared to 4.34% in September.
The latest official data from the U.S. Bureau of Labor Statistics, released in early September, reported an unemployment rate of 4.3% for August. The Chicago Fed noted that its estimate might only partially reflect the impact of the shutdown on federal employees. The methodology used combines data from official sources with private sector channels, including job websites, surveys, and payroll companies.