Explore the latest developments concerning October Jobs Report.
White House: Public will ‘likely never’ see recent economic data, despite shutdown’s end
Under normal circumstances, on the first Friday of the month, the Labor Department’s Bureau of Labor Statistics releases closely watched employment reports that are scrutinized by observers around the world. Lately, however, the circumstances have been anything but normal.
The recent government shutdown began on Oct. 1, which meant the BLS was unable to release job totals from September the morning of Friday, Oct. 3. Similarly, while job numbers from October were supposed to reach the public last week, the public remained in the dark for the same reason.
Now that the longest shutdown in American history is over, is it finally time to turn on the lights, fill in the gaps, and learn about the state of the U.S. job market in the late summer and early fall? Evidently, no. The Washington Post reported:
White House: Key economic reports impacted by shutdown may not be released
The White House said Wednesday it was unlikely that key federal inflation and labor reports impacted by the government shutdown would be released.
“The Democrats may have permanently damaged the federal statistical system, with October CPI and jobs reports likely never being released, and all of that economic data released will be permanently impaired, leaving our policymakers at the Fed flying blind at a critical period,” White House press secretary Karoline Leavitt said.
Economists had already expected that October's CPI data on inflation might not be released because federal workers who would have collected the data if the government had been open were not deployed after Oct. 1.
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