The Chicago Fed estimates that the U.S. unemployment rate has remained basically stable.

According to Mars Finance, on October 27, an estimate released by the Chicago Federal Reserve on Monday shows that the U.S. unemployment rate has remained basically stable over the past two months, while the government shutdown has delayed the release of official data. The real-time unemployment rate forecast from the regional Fed indicates that the unemployment rate in October is 4.35%, while in September it was 4.34%. The latest official data released by the U.S. Bureau of Labor Statistics at the beginning of September shows that the unemployment rate in August was 4.3%. The Chicago Fed stated that its estimate may only partially reflect the federal employee shutdown caused by the government closure. Its method combines data from official sources, as well as channels from the private sector, such as job recruitment websites, surveys, and payroll companies, etc. ( Jin10 )