There's No September Jobs Report because the Government Office that Prepares It Is Shut Down
The Bureau of Labor Statistics withheld the September jobs report amid a shutdown, while private firms reported conflicting data showing a 32,000 job loss, raising economic uncertainty.
7 Articles
7 Articles
There's no September jobs report because the government office that prepares it is shut down
For those who follow the economy closely like Bankrate's Mark Hamrick the first Friday of the month is typically spent looking over new jobs data."A typical jobs report Friday is often the most consequential day of the month for those of us monitoring the economy, because the job market is so important," Hamrick said.But because of a government shutdown, this Friday was different. The Bureau of Labor Statistics, which releases the monthly labor …
September jobs data not released
Today is the first Friday of the month, the day when the Bureau of Labor Statistics releases its monthly report giving the number os jobs gained or lost in the previous month plus any revisions to the numbers for the two preceding months. The last two jobs reports were awful, with job growth essentially stalled since May, indicating that the growth in economy has slowed dramatically, possibly indicating a recession. Trump fired the commissioner …
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