The shutdown means no jobs report — here's why the market seems to be shrugging it off

Today we were supposed to get one of the most important pieces of economic data. That would be the monthly employment report from the labor department. But because of the government shutdown, no official government economic data is getting out into the market.And yet the market seems just fine with this absence of updated information about unemployment and job creation last month. Why is that. Well, for one thing, investors already had a pretty good sense that we had a softening labor market.We have seen a ...