The shutdown meant no jobs report. Carlyle’s analysis shows it would have been pretty bad
The ongoing U.S. government shutdown has stymied official economic reporting, prompting private data sources to highlight stagnating job growth, with Carlyle Group reporting just 17,000 new jobs in September. Despite this, GDP grew at an annualized rate of 2.7%. Uncertainty persists in hiring plans, reflecting a cooling labor market amid economic challenges.