Andrew Ross SorkinThe U.S. labor market remains stable despite the shutdown preventing the release of the Nonfarm Payrolls Report. While employment growth is weak, private indicators suggest robust sectors like health care, contrasting with declines in technology roles. Overall, alternative data indicates a gradual slowdown, but no imminent crisis.
Andrew Ross SorkinThe Bureau of Labor Statistics withheld vital employment data due to the federal government shutdown, leaving economic observers uncertain. This lack of information raises concerns about future job growth and investment decisions. Economists predict muted employment growth, citing private sector indicators pointing to labor market weakness, exacerbated by immigration restrictions and declining demand.
Andrew Ross SorkinAs the U.S. government shutdown persists, private sector data reveals a weakening labor market, with hiring and layoffs slowing sharply. Job cuts have surged in 2025, while new hiring intentions plummet to 2009 levels. Economists face uncertainty without official data, raising concerns about consumer confidence and economic resilience going forward.
