Since Trump deliberately put all the Labor Department’s data people on furlough during the shutdown, you’d think the Bezos Post could figure out he doesn’t want people to have the labor statistics! Gee, I wonder why? Via Bezos Post:
The absence of the Labor Department’s monthly jobs report, which was scheduled to be released this morning, is the first casualty in what is likely to be a string of delayed or missed economic data.
The timing could hardly be worse. Policymakers have been watching closely for signs that a cooling job market, rising unemployment and worsening inflation could be weighing on the economy. The September jobs report was expected to provide a much-anticipated snapshot of the U.S. labor market, after a summer of rapid cooling.
“It’s a bad time to be missing data,” said Erica Groshen, an economist at Cornell University who led the Bureau of Labor Statistics during the 2013 shutdown. “We are flying blind right as the economy could be turning.”
That is what distinguishes this shutdown from previous ones, experts say. The last time the jobs report was delayed, by a couple of weeks in October 2013, the economy was on a clear path, with rising gross domestic product and falling unemployment.
