US October Nonfarm Payroll Report Delayed Amid Ongoing Government Shutdown
The Bureau of Labor Statistics will now release the September jobs data on October 10, following a 43-day pause in federal operations that delayed economic reports.
Summary
The U.S. Bureau of Labor Statistics announced the September Employment Situation Report will be released October 10, instead of October 3, due to a 43-day government shutdown. The prolonged closure disrupted multiple economic data releases, affecting timely analysis and policymaking.
Terms & Concepts
- Government shutdown: A temporary closure of non-essential US federal operations due to lack of congressional funding approval.
- Nonfarm payrolls: A key monthly U.S. employment statistic measuring the number of paid workers in the economy excluding farm employees, government workers, and non-profit organization employees.