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US Government Shutdown Delays October Jobs Report Again
The October non-farm payroll data that was supposed to drop tonight (21:30 UTC) is now off the table thanks to the US government shutdown. This marks the second straight miss—September’s report also got shelved.
The Labor Secretary confirmed: no economic data gets released until the government’s back online. The Senate is gearing up for another vote on a temporary funding bill Friday, but they’ve already failed 14 times. At this rate, we’re staring at the longest shutdown on record.
Why does this matter for crypto? Job reports usually move markets hard—especially Bitcoin and equities. With data points delayed, there’s less clarity on Fed rate cut odds. Traders are flying blind until the shutdown ends. Keep an eye on that Senate vote.