Even though Trump controls all branches of the government, somehow it's the Dems' fault!
According to the Labor Department's contingency plan, the September jobs numbers will not be released Friday, as scheduled.
"Economic data that are scheduled to be released during the lapse will not be released," the plan says, and the Bureau of Labor Statistics will suspend its operations during the shutdown. It will also not be conducting surveys for next month's report.
The jobs report is closely watched by investors and by the interest rate-setting Federal Reserve, which last month signaled it was monitoring the labor market for signs of weakness as hiring slowed in the last two months. In August, employers added 22,000 jobs, well short of the 80,000 jobs economists had expected.
So the economy is worsening under Trump (as usual), but at least we don't know exactly how much.
What to know about the government shutdown:
- The federal government began to shut down overnight after Democrats and Republicans failed to come to an agreement to extend government funding ahead of the Oct. 1, 2025, deadline.
- As many as 750,000 government workers could be furloughed, according to the Congressional Budget Office, and they will not be paid until Congress appropriates funding and the shutdown ends. Workers deemed to be essential will stay on the job, although they, too, will not be paid until Congress reaches a funding deal.
Monthly jobs numbers will not be released during shutdown
According to the Labor Department's contingency plan, the September jobs numbers will not be released Friday, as scheduled.
"Economic data that are scheduled to be released during the lapse will not be released," the plan says, and the Bureau of Labor Statistics will suspend its operations during the shutdown. It will also not be conducting surveys for next month's report.
The jobs report is closely watched by investors and by the interest rate-setting Federal Reserve, which last month signaled it was monitoring the labor market for signs of weakness as hiring slowed in the last two months. In August, employers added 22,000 jobs, well short of the 80,000 jobs economists had expected.
So the economy is worsening under Trump (as usual), but at least we don't know exactly how much.