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Labor Department won’t be releasing data, including Friday’s key jobs report, in case of a shutdown
- On Monday, September 29, the U.S. Labor Department announced the Bureau of Labor Statistics will suspend all economic data releases if a government shutdown occurs this week.
- This suspension comes as Congress approaches a Tuesday midnight deadline to approve a funding bill, with a failure to do so resulting in a halt to certain government activities, such as the release of statistical data.
- The department released a 73-page contingency plan on Friday detailing that all BLS data collection and scheduled reports, including key economic indicators, would cease during the shutdown.
- Among affected releases is Friday’s monthly nonfarm payrolls report, which is critical for assessing a weakening job market and informing the Federal Reserve ahead of its October 28-29 meeting.
- If the shutdown proceeds, the data blackout could disrupt markets and delay inflation readings that underpin Social Security cost of living adjustments for over 72 million recipients beginning January.
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32 Articles
32 Articles
Coverage Details
Total News Sources32
Leaning Left4Leaning Right4Center16Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
Factuality
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