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The Jobs Report Was Cancelled. Here's What Private Data Shows.
Job growth has remained weak this fall, but despite a series of high-profile layoffs at major corporations, the labor market has not taken a sharp turn for the worse.
With the federal government still shut down, the Bureau of Labor Statistics will not release its scheduled monthly jobs report, the second missed report in a row. Economists and policymakers haven't had an official read on the state of the labor market since August -- the longest such data blackout on record.
They aren't flying entirely blind. State governments have continued to publish weekly data on applications for unemployment benefits, and a variety of private companies release figures on job openings, hirings, wages and other topics based on surveys and data from their customers.
See the story on the NY Times.
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