A key report on the job market will not be published on Friday, as scheduled, as a result of the government shutdown. That means businesses and policymakers will be left guessing about the strength of the labor market at a time when the U.S. economy appears to be slowing.
If the shutdown drags on for more than a few days, a report on inflation scheduled for mid-October could also be delayed. That report is part of the formula used to calculate the cost-of-living adjustment (COLA) that Social Security recipients receive next year.
The number-crunching bureau at the Labor Department is one of many government agencies idled by the shutdown. A similar work stoppage in 2013 delayed key economic reports for more than two weeks.
The shutdown comes at a sensitive time for the economy. Hiring s