Government Shutdown Delays January Jobs Report Release
Fox News chief congressional correspondent Chad Pergram has the latest on the Capitol Hill debate on Kudlow.
The partial government shutdown that commenced on Saturday morning is poised to delay the release of the January jobs report, which was originally scheduled for publication this week.
According to the Bureau of Labor Statistics (BLS), the January jobs report, initially set for release on Friday, will now be postponed until after the shutdown concludes and government funding is restored. Emily Liddel, an associate commissioner at BLS, stated, “The release will be rescheduled upon the resumption of government funding. Once funding is restored, BLS will resume normal operations and notify the public of any changes to the news release schedule on the BLS release calendar.”
TARIFFS MAY HAVE COST U.S. ECONOMY THOUSANDS OF JOBS MONTHLY, FED ANALYSIS REVEALS
WASHINGTON, DC – JANUARY 19: The U.S. Capitol Building is seen on January 19, 2023 in Washington, DC. U.S. Treasury Secretary Janet Yellen warned Republican and Democratic leaders that the federal government will reach its limit on the amount of money it can borrow. (Anna Moneymaker/Getty Images / Getty Images)
During a government shutdown, federal agencies are required to furlough nonessential workers. This situation directly impacts the BLS, as it affects the personnel responsible for gathering data and compiling crucial economic reports, including the monthly jobs report.
US ECONOMY EXPECTED TO GROW FASTER IN 2026 DESPITE STAGNANT JOB MARKET: GOLDMAN SACHS
Recent economic data releases have faced disruptions due to a previous government shutdown that lasted 43 days, beginning when the fiscal year commenced on October 1 and concluding in mid-November, when a bipartisan agreement was reached in Congress to end the longest government shutdown in U.S. history.
This is a developing story. Please check back for updates.
Fox News chief congressional correspondent Chad Pergram has the latest on the Capitol Hill debate on Kudlow.
The partial government shutdown that commenced on Saturday morning is poised to delay the release of the January jobs report, which was originally scheduled for publication this week.
According to the Bureau of Labor Statistics (BLS), the January jobs report, initially set for release on Friday, will now be postponed until after the shutdown concludes and government funding is restored. Emily Liddel, an associate commissioner at BLS, stated, “The release will be rescheduled upon the resumption of government funding. Once funding is restored, BLS will resume normal operations and notify the public of any changes to the news release schedule on the BLS release calendar.”
TARIFFS MAY HAVE COST U.S. ECONOMY THOUSANDS OF JOBS MONTHLY, FED ANALYSIS REVEALS
WASHINGTON, DC – JANUARY 19: The U.S. Capitol Building is seen on January 19, 2023 in Washington, DC. U.S. Treasury Secretary Janet Yellen warned Republican and Democratic leaders that the federal government will reach its limit on the amount of money it can borrow. (Anna Moneymaker/Getty Images / Getty Images)
During a government shutdown, federal agencies are required to furlough nonessential workers. This situation directly impacts the BLS, as it affects the personnel responsible for gathering data and compiling crucial economic reports, including the monthly jobs report.
US ECONOMY EXPECTED TO GROW FASTER IN 2026 DESPITE STAGNANT JOB MARKET: GOLDMAN SACHS
Recent economic data releases have faced disruptions due to a previous government shutdown that lasted 43 days, beginning when the fiscal year commenced on October 1 and concluding in mid-November, when a bipartisan agreement was reached in Congress to end the longest government shutdown in U.S. history.
This is a developing story. Please check back for updates.
