Shutdown Forces Delay of January Jobs Report

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What is the main topic discussed in this episode?

Unknown 0:00
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
Amy Morris 0:28
News when you want it with Bloomberg News Now, I'm Amy Morris. The Bureau of Labor Statistics will not release the January jobs report on Friday as scheduled because of the partial government shutdown. Same for the JOLTS data that's set to come out tomorrow that will also be rescheduled. Bloomberg's Nathan Dean says this caught the market's attention.
Nathan Dean 0:47
Anytime you're going to tell a market, when it comes to a government shutdown, most market impacts, they really aren't there. Even for contractors, they're not really there.
Unknown 0:54
Yeah.
Nathan Dean 0:55
But for reports, they are there. And as we saw in the shutdown last year, a lot of traders were not happy about this lack of data out there. And this is just another consequence of a shutdown.
Amy Morris 1:04
Bloomberg's Nathan Dean on Bloomberg Balance of Power. That's news when you want it with Bloomberg News Now. I'm Amy Morris. This is Bloomberg.
Unknown 1:13
As a place to do business, the UK stands apart. Not because of a single advantage, but a uniquely powerful combination of many. As one of the world's leading financial centres, the UK puts over £10 trillion to work every day, fuelling innovation across every sector. Home to four of the world's top universities, it provides exceptional talent and breakthrough research. This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate. Stability with dynamism. Global connectivity with local depth. It all adds up to greater growth. Visit business.gov.uk slash growth.
Stephanie Flanders 2:00
Donald Trump is rewriting the Washington rulebook and reshaping the global economy. If you're trying to connect the dots behind the headlines, Bloomberg's Trumponomics podcast is here to help. I'm Stephanie Flanders, head of government and economics at Bloomberg. Every week I'll bring you a smart, focused conversation with reporters and experts from Washington, Wall Street and beyond.

What impact does the government shutdown have on the January jobs report?

Stephanie Flanders 2:24
Listen to new episodes every Wednesday and follow Trumponomics wherever you listen.

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