The Bureau of Labor Statistics will not release its usual monthly jobs report on Friday because of the government shutdown that started earlier this week.
“Due to the lapse in funding, the Employment Situation release which provides data on employment during the month of September, compiled by the U.S. Department of Labor’s Bureau of Labor Statistics, will not be issued as scheduled on Friday, October 4, 2013,” the Labor Department said in a statement on Thursday. “An alternative release date has not been scheduled.”
The BLS is down to just three employees from its usual 2,400 while the shutdown is in effect.
BLS’s monthly jobs reports show the unemployment rate and employment levels, based off the agency’s household survey and business-establishment survey, respectively. Economists, investors and politicians watch the numbers closely, and the data can influence economic policies, investment decisions, and approval ratings.
Before Thursday’s Labor Department statement, it was unclear whether BLS would release the September numbers on Friday, as planned before the shutdown.
BLS Commissioner Erica Groshen said in a memo last week that the White House Office of Management and Budget could authorize her agency to put out certain economic data during the shutdown, as it had done in the past. The statement on Thursday suggests OMB has not taken that step.
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