The lack of monthly data from the Bureau of Labor Statistics hasn’t kept Wall Street completely in the dark on what’s happening in the job market as private sources indicate a worsening picture, according Moody’s Analytics chief economist Mark Zandi.

The government shutdown prevented BLS from issuing its jobs report for September on Friday, putting outsized focus on alternate gauges.

Data from Revelio Labs, which scrapes professional networking sites like LinkedIn, show a gain of 60,000 jobs last month, mostly in healthcare and education.

But in a series of posts on X on Sunday , Zandi said that “paltry” increase likely is an overstatement as Revelio’s data has been revised significantly lower recently.

Meanwhile, ADP’s tally of private-sector payrolls found that employers shed a net

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