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No jobs report again. But these numbers show how the U.S. economy is doing
Investors are set to miss out on the second U.S. jobs report in a row due to the government shutdown, but there’s enough scattered evidence to suggest the economy is hanging in there. With the shutdown now passing the one-month mark, the U.S. Labor Department probably won’t be able to publish the October employment report next Friday as scheduled. The second postponed jobs report in a row has made it hard for investors and senior Federal Reserve officials to figure out if the economy is getting better or worse. Hiring had almost grinded to a halt by the end of summer, alarming the Fed enough to push the central ... (full story)