One of the casualties of the government shutdown is the monthly jobs report. The Labor Department typically releases its monthly job numbers on the first Friday of the month. But that report on economic data is being delayed amidst the ongoing shutdown. A short delay won’t be very disruptive. But a long absence of those […]
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Monthly jobs numbers delayed amidst gov’t shutdown
One of the casualties of the government shutdown is the monthly jobs report. The Labor Department typically releases its monthly job numbers on the first Friday of the month. But that report on economic data is being delayed amidst the ongoing shutdown. A short delay won’t be very disruptive. But a long absence of those numbers could pose challenges, particularly for the Federal Reserve. The Fed relies on jobs data as it grapples with interest rates amid a slowing labor market.