The U.S. Labor Department announced on Tuesday that the weekly jobless claims report will not be released if the government shuts down. This statement clarified earlier reports regarding the situation.
Government funding is set to expire at midnight on Tuesday unless Republicans and Democrats reach a last-minute temporary spending deal. Without an agreement, a shutdown will begin.
Both the Labor Department and the Commerce Department confirmed that all major economic data releases would be suspended during a shutdown. This includes the highly anticipated September employment report, which markets and policymakers closely watch.
