Overview
- The Bureau of Labor Statistics said the January Employment Situation report, scheduled for Feb. 6, will be released only after government funding is restored.
- BLS has suspended data collection, processing, and dissemination, delaying the JOLTS release and metropolitan employment figures as well.
- The partial shutdown followed a missed funding deadline; the Senate approved a measure to reopen agencies, and House leaders pointed to a possible vote Tuesday.
- Reporting indicates January survey collection was completed, but staff cannot finalize or publish the report during the closure.
- The pause removes key labor data for markets and policymakers, including the Federal Reserve, with economists previously expecting modest January job gains.