US Jobs Report Delayed Amid Shutdown, Sparks Economic Uncertainty

World
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Moneycontrol•03-02-2026, 05:47
US Jobs Report Delayed Amid Shutdown, Sparks Economic Uncertainty
- •The US Labour Department delayed a crucial jobs report due to a partial government shutdown, causing economic data disruption.
- •Analysts are closely monitoring US economic figures for signs of labor market weakness, despite recent solid growth.
- •The Bureau of Labor Statistics (BLS) suspended data collection and dissemination, impacting the employment report.
- •The report and others will be rescheduled once government funding resumes, similar to a 2025 shutdown.
- •President Donald Trump urged the House to pass a spending bill to end the shutdown, which stemmed from a dispute over Homeland Security funding.
Why It Matters: US jobs data delay due to government shutdown raises economic uncertainty and impacts policy decisions.
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