THE LABOR DEPARTMENT’S DATA WOES ARE ABOUT TO GET WORSE
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✍️ The federal government shutdown is threatening to disrupt the release of market-moving reports on inflation and employment, including the jobs report for September and consumer price measurements.
👉 The federal government shutdown is threatening to disrupt the release of market-moving reports on inflation and employment. 👉 The jobs report for September has already been delayed, and there is a real threat that the next month's release will also be affected. 👉 The Bureau of Labor Statistics (BLS) relies on data from furloughed Labor Department employees to provide accurate updates on the economy. 👉 The shutdown is also threatening to delay the release of consumer price measurements, which are closely watched by investors and policymakers. 👉 The BLS is facing scrutiny over the quality of employment data, and there are concerns that future reports might be manipulated for political gain.
-- #DonaldTrump #ErikaMcEntarfer #JeromePowell #WilliamBeach #MichelleBowman #MichaelBarr #KarenDynan #ArvindSubramanian #AdamPosen #StephenMiran #VictoriaGuida #GregIp #AnnaWildeMathews #SabrinaSiddiqui #JasperGoodman #MaxineWaters #AlvarodelCastano #PedroSánchez #AaronKlein #AlanCui #BrianFaler #DannyNguyen #MarkMcQuillan #DeclanHarty #SamSutton #MichaelStratford #AdamBehsudi #DavidHarrison #politics
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