US EditionUS employment report will not be published again as government shutdown drags on
The government shutdown has caused a data blackout delaying the October employment report for a second month, complicating economic analysis and decision-making.
- On Friday, the U.S. Labor Department announced it will not publish the October employment report for a second straight month due to the ongoing government shutdown.
- The shutdown began on October 1 and has extended into November, furloughing most Labor Department workers and halting routine economic data tasks.
- Data collection during the reference week that includes the 12th day of the month was interrupted, disrupting field workers from the Census Bureau who gather household survey data for the unemployment rate.
- The shutdown has created a government data blackout that hinders economic analysis, with Federal Reserve Chair Jerome Powell calling it `driving in the fog`; private data remain limited substitutes for policymakers, investors, economists and ordinary Americans.
- If lawmakers restore funding in mid-November, economists expect the October report in early December and that November's report might miss its scheduled Dec. 5 release.
12 Articles
12 Articles
Fox Business
One News PageGovernment shutdown delays October jobs report: when will economic reports be released after shutdown ends?
The ongoing government shutdown has disrupted the flow of economic data from federal agencies and the October jobs report is the latest closely watched report to be delayed due to the impasse.Most workers at the Labor Department and other federal agencies responsible for producing economic reports have been furloughed since the shutdown began on Oct. 1. The impasse has extended into November, becoming the longest shutdown in U.S. history and pus…
US employment report will not be published again as government shutdown drags on
The U.S. Labor Department on Friday will not publish its closely watched employment report for an unprecedented second straight month as the government remains shut, and fears are mounting October's report might not be released when full operations resume.
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