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Labor Department: Shutdown Would Halt BLS, Threaten Jobs and Inflation Reports

The plan would cut off key readings before the Federal Reserve’s late‑October policy meeting.

Overview

  • The government is set to shut down at 12:01 a.m. ET on Wednesday unless Congress approves a funding extension.
  • Under a 73-page contingency plan, the Bureau of Labor Statistics would suspend all operations and nearly all staff would be furloughed.
  • Roughly 3,100 of the Labor Department’s about 12,900 employees would remain on duty in functions deemed necessary or separately funded.
  • The September jobs report scheduled for Friday would not be released during a lapse, and upcoming CPI and PPI reports are also at risk.
  • The plan says all active BLS data collection would cease and the agency’s website would go dark, while Tuesday’s JOLTS release is still slated to publish.