Government shutdown 2019

Will the recent government shutdown show up in the jobs report?

Mitchell Hartman Jan 31, 2019
HTML EMBED:
COPY
Recruiting companies are removing race and gender from résumés to eliminate bias. John Moore/Getty Images
Government shutdown 2019

Will the recent government shutdown show up in the jobs report?

Mitchell Hartman Jan 31, 2019
Recruiting companies are removing race and gender from résumés to eliminate bias. John Moore/Getty Images
HTML EMBED:
COPY

The U.S. Bureau of Labor Statistics will release its January jobs report at 8:30 a.m. Eastern time on Friday, Feb. 1. Here’s what you need to know:

  • The consensus is for 158,000 jobs to be added to the economy, compared to 312,000 jobs in December; unemployment holding at 3.9 percent; and average hourly earnings to be up 3.2 percent year over year
  • The 800,000 federal employees who were working without pay, or not working at all, will not be counted as unemployed
  • Furloughed workers might have identified as “absent” or “not in the labor force,” two categories that do not add to the unemployment rate
  • Some federal employees found other work
  • Bottom line: The shutdown might barely show in the jobs report

Click the audio player above to hear the full story.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.