» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 191 | Tuesday, October 01, 2013

Labor Department: No Plans to Issue Jobs Data During Shutdown

CHRISTOPHER S. RUGABER | AP Economics Writer

Print | Front Page | Email this story | Comments ()

WASHINGTON (AP) – The Labor Department has no plans to release the closely watched U.S. monthly jobs report on Friday in case of a partial government shutdown that lasts through the week.

A Labor official with direct knowledge said Monday that there wouldn't be enough staffers on site to compile the jobs report. The official spoke on condition of anonymity because he wasn't authorized to discuss the matter publicly.

A document the department filed Friday said its Bureau of Labor Statistics, which prepares the jobs data, would have only three employees working in case of a partial government shutdown.

The monthly jobs report includes the unemployment rate and the number of jobs employers added. It is one of the most influential economic reports in the world. Its data can heavily affect global financial markets.

"In the event there is a lapse in funding, we will engage in an orderly shutdown on Tuesday morning," said Stephen Barr, a Labor Department spokesman. "All program operations will cease." Barr declined to elaborate.

If the White House and Congress fail to agree on a spending bill by Tuesday, much of the government will shut down.

Erica Groshen, commissioner of the BLS, said in a memo Friday that the agency would close. Groshen noted that during a government shutdown in 1995, the Labor Department issued a monthly report on inflation because the government had already gathered the data.

Groshen's memo implied that a similar approach could be taken with the jobs figures. But the data won't be ready by Tuesday, the Labor official said. Much of the work involved in compiling the employment data takes place between Tuesday and Thursday.

"The timing of any shutdown is critical," Groshen said in her memo. If the government shut down but reopened by Wednesday, it's possible the jobs report could be released Friday.

In contrast to the uncertainty surrounding the release of the jobs data, Labor plans to issue its weekly report on applications for unemployment benefits as scheduled Thursday. Those figures are gathered by state governments.

Officials at the Commerce Department have said that department will issue no regularly scheduled economic indicators if Congress fails to fund the government past Monday. That would mean that Tuesday's scheduled report on construction spending and Thursday's data on factory orders would be postponed. Commerce will release a revised schedule of economic reports once the shutdown ends.

The Treasury Department is expected to release a report on the budget deficit for September and the 2013 budget year sometime in mid-October, though the specific date hasn't been announced. The release of that report could be delayed by a prolonged shutdown, officials said.

AP Economics Writer Martin Crutsinger contributed to this report.

Follow Chris Rugaber on Twitter at www.twitter.com/ChrisRugaber

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.