The Bureau of Labor Statistics, which releases monthly labor data, is closed. That makes it harder for economists at all levels to understand which way the economy is moving.
Breakdown
- The US government shutdown has delayed the release of the monthly jobs report. 16s
- The Bureau of Labor Statistics, responsible for the report, is closed during the shutdown. 1m 21s
- Private companies offer alternative employment data, but their estimates vary widely. 1m 48s
- The absence of official data affects economic analysis and Federal Reserve decisions. 1m 36s
- Previous shutdowns have also delayed jobs data, with the last significant delay occurring in 2013. 3m 9s