Labor Dept. May Hold Jobs Report

    The floor of the New York Stock Exchange is empty of traders, Monday, Oct. 29, 2012, in New York. All major U.S. stock and options exchanges will remain closed Monday with Hurricane Sandy nearing landfall on the East Coast. Trading has rarely stopped for weather. A blizzard led to a late start and an early close on Jan. 8, 1996, according to the exchange's parent company, NYSE Euronext. The NYSE shut down on Sept. 27, 1985 for Hurricane Gloria. (AP Photo/Richard Drew)

    Richard Drew / AP Photo

    Hurricane Sandy is literally putting a damper on everything—even everyone’s favorite monthly data announcement. The U.S. Labor Department is waiting until the “weather emergency” subsides to determine whether they’ll go ahead with the Friday release of October’s jobs report. The U.S. Census Bureau is also deliberating whether or not it will hold onto the economic reports it had planned to release this week. Typically influential on political polls, October’s jobs report will be the last released before Election Day. 

    Read it at Wall Street Journal