LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the unemployment rate and some other key numbers. Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy | Fast Company Newsletters The Labor Department said Wednesday that the ...

Government Shutdown Impact - The duration of the government shutdown is unpredictable, influencing its overall impact [1] - Government shutdowns are typically short-lived due to political pressure, but current circumstances present increased risk [1] - The shutdown will delay the release of the jobs report [1] Federal Reserve (The Fed) Policy - The shutdown complicates the Fed's path towards potentially cutting interest rates two more times by the end of the year [2] - The Fed will have access to fewer data series, impacting their decision-making process [2] - The Fed will rely on private data sources to assess the September job situation and inflation [2][3] - The Fed might proceed on a pre-set course, potentially implementing another rate cut at the end of October [3]

Federal Reserve & Lisa Cook Case - The Supreme Court will hear arguments in January 2026 regarding the case involving Fed Governor Lisa Cook and allegations of mortgage fraud [1][3] - Lisa Cook will remain on the Federal Reserve Board until the Supreme Court arguments in January 2026, pending the case outcome [3] - The Trump administration's attempt to immediately remove Lisa Cook from the Federal Reserve Board has been deferred [2][3] - The Supreme Court is the final court of appeal in this case [5] - Investigation into the fraud allegations will continue, potentially leading to leaks that could be embarrassing for either side [6][7] Federal Reserve Implications & Policy - Lisa Cook's continued presence on the Fed ensures stability through the October and December meetings [9] - The Federal Reserve Board will vote to reappoint presidents in February or March, requiring a majority vote for changes [10] - The market anticipates the Fed will prioritize jobs more than inflation, potentially leading to rate cuts [16] - The market is pricing in a potential October cut and a December cut, with a third cut being considered in January or March [15] Economic Indicators - ADP's job numbers, when averaged over three months or one year and compared to BLS data, can be a better indicator [13] - According to ADP, the jobs report is in negative territory [15]

Hey, I'm Joe Frier. >> And I'm Savannah Sers. We are going to begin this morning with the countdown to a government shutdown. So, top congressional leaders from both sides of the aisle. They left a high stakes meeting with President Trump yesterday. This was without a deal, though. They have until midnight tonight to reach an agreement or face that partial shutdown. It could end up leaving millions of federal workers without pay disruptions to government programs and services. >> Senate Republicans need at ...

💥BREAKING:🇺🇸 Bureau of Labor Statistics says it will not release economic data including the jobs report on Friday, if US government shuts down. ...

Economy & Monetary Policy - Discusses the current state of the economy [1] - Explores whether the Fed and government have effectively eliminated bear markets [1] - Considers whether the Fed should cut interest rates by 50 basis points (0.5%) [1] Cryptocurrency - Analyzes the current situation and potential breakout of Bitcoin [1] Technology & Innovation - Covers Tesla, humanoid robots, and Elon Musk's ventures [1] - Touches on artificial intelligence [1] Energy & Housing - Raises concerns about electricity prices [1] - Addresses the national housing crisis and potential solutions [1]

Joining me now is Kevin Hasset, director of the National Economic Council. Thank you so much for joining us this afternoon. We really appreciate it. >> Well, it's great to have you. I do want to start off uh with your reaction to the August jobs report. As you know, just 22,000 jobs were created last month and revisions showed the US actually lost jobs in June. That's the first month of job losses since the pandemic. Is this a warning sign about the state of the labor market? Well, right now when we're look ...

A limp jobs report may show that the market is about to climb or about to sink, as Trump again demands lower rates https://t.co/2QNqYEd3al ...

It is time for money power politics and tonight this is serious. NBC News can confirm that the Justice Department has opened a criminal probe into Federal Reserve Governor Lisa Cook. The probe, which was first reported by the Wall Street Journal, centers upon whether Cook submitted fraudulent information on mortgage applications.Subpoenas have reportedly already been issued. Her attorney, Abby Lol, responded to the probe today, accusing the Trump administration of quote scrambling to invent new justificatio ...

Economic Concerns & Impact - Tariffs are negatively impacting US economy and raising prices for everyday Americans, hurting small businesses operating on narrow margins [1][3] - Manipulation of economic data can lead to economic destabilization, similar to situations in Argentina, the Soviet Union, and Venezuela, potentially causing investors to leave [6] - Distrust of facts, science, research, and data is destabilizing and dangerous [11] Data & Statistics Manipulation - Concerns raised about a loyalist running the Bureau of Labor Statistics (BLS) potentially rigging statistics [1][4] - The nominee for a position at BLS has suggested eliminating the monthly jobs report [10] - Rigging statistics cannot change the reality of rising prices [5] Importance of BLS Data - BLS data, including the Consumer Price Index (CPI), is crucial for government agencies [7] - The Federal Reserve uses BLS data to guide monetary policy and rate setting [8] - The IRS uses BLS data to adjust federal tax brackets [8] - The Social Security Administration (SSA) and USDA use BLS data to determine eligibility for Social Security and SNAP benefits [8] - BLS data directly affects Americans' lives, benefits, and payments [9] - BLS data guides American economic policy and markets around the world [10] Political & Military Actions - Deployment of the National Guard in Washington DC is seen as contrary to typical Republican policy [13] - Concerns that the military is being used as a tool and weapon to distract Americans [15] - Potential for militarized force to be used against US citizens on US soil [16]