Delay the closure of the job report in September, where economists expect 50,000 jobs to add

Preventing the partial government to close the Ministry of Labor from issuing what is expected September job report As is scheduled for Friday, causing economic data monitors to turn alternative sources to measure the conditions of the labor market.

The September Job Office report from the Labor Party office is expected to appear that the economy added 50,000 jobs in September, according to the economists covered by LSEG.

This will continue in the direction of Soft Jobs reports in recent months, with a preliminary print in August at 22,000 jobs, while the first review of July job data showed a profit of 79,000 jobs, and the final review in June found a loss of 13,000 jobs in that month.

The Labor Market Measurement Tool developed by the Federal Reserve in Chicago provides expectations in the actual time of UnemploymentIn addition to tracking employment rates for unemployed workers and the rate of demobilization of workers or other breaks.

Golsby of the Federal Reserve says that the central bank has other data options if the closure breaks the economic reports

the At Chicago Bank The labor market indicators report issued on Thursday that the unemployment rate in the actual time will rise slightly in September, as it rose to 4.34 % of the reading 4.32 % last month and reading 4.09 % in September 2024.

The economists that LSEG also enabled the unemployment rate would be mainly flat in September by 4.3 %.

Chicago’s Federal Bank tool estimated that the employment rate for unemployed workers decreased slightly in September, and decreased to 45.22 % last month from reading 45.61 % in August. The rates of workers and separators were also estimated at a slightly top to 2.10 % – an increase of 2.09 % in August and 2.06 % last September.

The government’s closure waving on the horizon: How does it affect the economy?

It is not clear when The government closing It will end, although BLS will likely publish the September Jobs report shortly after its end based on the previous cases where the job report was delayed due to the closure of the government.

Such a scenario that was shown in 2013, when it prevented the government’s closure from issuing a job report in September for this year. Initially, it was scheduled to be published on October 4 of that year, it was eventually released on October 22, 2013, less than a week after the closure ended with funding that was recovered on October 17.

A similar delay occurred in early 1996, when the job report was supposed to be issued in December 1995 in early January, but was delayed until the middle of the month due to the closure.

During the recent partial government closure in the winter of 2018-19, which lasted for more than a month, the work statistics office was funded under the pre-activated credit law and did not have to delay the job report.

Government closure begins, but analysts say markets are historically well weather disturbances

Holly Wad, Executive Director of the NFIB Research Center, told Fox Business that NFIB scanning Small companies Members of the National Union of Independent Companies found that 32 % of small business owners have informed that they had job opportunities that they could not fill.

Among the respondents, 28 % said that job opportunities were for skilled workers, while 13 % had holes in unskilled work. In addition, Safi 16 % of small amending business owners plan to create new jobs in the next three months – higher than August and fourth monthly increase in a row.

“The labor market has been a challenge for many small business owners over recent years,” Wadi said. “It is still a challenge for some small business owners to move forward,” she said, adding that most small business owners said they are in good condition in the broader NFIB report of August, which indicates that “there seems to be no hints to move to the recession.”

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Wad indicated that NFIB noticed “the recovery of unemployment” in its data, explaining that while some small companies are unable to find them Applicants qualified for open roles There are also “other business owners who have a kind of workforce satisfaction … or they are not sure of the economic conditions to move forward and a little more frequency in expanding their workforce and waiting for the margin to see where the economy moves from here.”