The partial government shutdown that began on Saturday morning is set to delay the release of the January jobs report that was slated for publication this week.
The Bureau of Labor Statistics said Monday that the January jobs report, which was originally scheduled for release on Friday, will be delayed until after the shutdown concludes with the restoration of government funding.
“The release will be rescheduled upon the resumption of government funding,” Emily Liddel, an associate commissioner at BLS, said in a statement. “Once funding is restored, BLS will resume normal operations and notify the public of any changes to the news release schedule on the BLS release calendar.”
TARIFFS MAY HAVE COST U.S. ECONOMY THOUSANDS OF JOBS MONTHLY, FED ANALYSIS REVEALS
Federal agencies furlough nonessential workers during a government shutdown, which, in the BLS’ case, impacts workers tasked with gathering data and compiling economic reports like the monthly jobs report.
US ECONOMY EXPECTED TO GROW FASTER IN 2026 DESPITE STAGNANT JOB MARKET: GOLDMAN SACHS
Recent economic data releases were disrupted by a previous government shutdown that spanned 43 days from when the government’s fiscal year began on Oct. 1 until mid-November, when a bipartisan agreement was reached in Congress to end the longest government shutdown in U.S. history.
This is a developing story. Please check back for updates.
Read the full article here