Government May Release New Jobs Data Next Week

The Labor Department is expected to release delayed data on September hiring and unemployment next Thursday, ending a data drought caused by the 43-day federal government shutdown.

ABC reported that the pause in reporting left the Federal Reserve, financial markets, and businesses without key information on inflation, job creation, economic growth, and other indicators of U.S. economic conditions since late summer.

Economists at Jefferies said more than 30 major reports from the Labor Department, the Commerce Department’s Bureau of Economic Analysis, and the Census Bureau were postponed during the shutdown.

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