Unprecedented Data Blackout: The Impact of the U.S. Government Shutdown on Employment Reports
For a second month, the U.S. Labor Department will not release its employment report due to the ongoing government shutdown, causing concerns over data availability. The data blackout complicates economic assessment for policymakers and investors, and could hinder future reports, including October's, which was impossible to collect.
The U.S. Labor Department will not release its widely anticipated employment report for an unprecedented second consecutive month as the federal government remains in shutdown. This extended closure has already paralyzed data availability, and there are mounting concerns that October's employment report may also face delays even after operations resume.
The current shutdown, now the longest on record, has plunged policymakers, investors, and economists into uncertainty as they struggle to gauge the health of the economy without government-issued statistics. Although private data sources have attempted to fill the void, their scope is limited and cannot substitute for detailed government reports.
Key figures such as the unemployment rate and nonfarm payroll count are derived from two primary BLS surveys, yet no data collection was possible in October. Economists remain skeptical about the possibility of a full October report. Additional economic reports, such as the consumer inflation report, are also at risk of not being published.
(With inputs from agencies.)
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