Economists Call for Priority on November Jobs & Inflation Data After Shutdown







With the U.S. government shutdown ending, economists are urging the Labor Department to fast-track publication of November employment data and the Consumer Price Index (CPI) — critical metrics for assessing economic health. 

During the shutdown, key agencies like the Bureau of Labor Statistics (BLS) halted data collection, leaving a gap in official economic reporting. 

Many analysts argue that getting the November data out quickly is essential for the Federal Reserve’s upcoming policy meeting (December 9–10), where interest rate decisions could hinge on fresh inflation and employment figures. 

There’s concern that October data might be permanently lost, given disruptions in survey collection. 

The prolonged shutdown (one of the longest in U.S. history) is expected to have long-term economic costs: some estimates suggest a significant GDP hit. 


Why it matters:

Accurate, timely data is crucial for the Fed to make informed decisions on monetary policy.

Delays or gaps could lead to misjudgments on interest rates, potentially destabilizing markets.

The economic fallout from the shutdown may be more severe than just the immediate disruption, affecting growth, spending, and investor confidence.

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