Government shutdown delays jobs report
Digest more
That’s not to say Wall Street and the Federal Reserve are flying blind. They’re not. The September employment report was unlikely to bring good news, based on a variety of other public and private surveys of the jobs market.
On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report.
The release of the September jobs report is "all on the shoulders of the Democrats," Labor Secretary Lori Chavez-DeRemer says as the government shutdown delays the data.
Businesses aren’t filling as many open jobs and fewer people are quitting for fear they won’t find other work. That’s what’s the government’s job-openings report has been saying for months, and that’s the main takeaway from the August report.
Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown.
A government shutdown precluded Friday’s release of a key monthly jobs report, but Fed watchers don't expect the central bank to veer from two more cuts in 2025.
Steve Jobs’ youngest daughter, Eve Jobs, looks stunning in a new Instagram photo dump. The model shared snippets of her time at the Milan Fashion Week, which she attended with the popular luxury fashion house Bottega Veneta.
The president’s decision to charge employers $100,000 per visa for skilled workers seemed to come out of nowhere. But the grievance behind it has been simmering.