WASHINGTON: The US Labor Department said Monday that a closely watched report on hiring and jobs will be delayed due to a partial government shutdown, marking a further disruption to data releases at a key time for the economy.
While the world’s biggest economy has posted solid growth recently, analysts have been monitoring US figures for signs of further weakness in the jobs market as unemployment drifted higher towards the end of last year.
The jobless rate ticked down slightly in December. But some central bank officials have warned of fragility in the labour market, which has been an important factor supporting consumption in recent times.
