Workflow
Shocking jobs data resets recession bets
Yahoo Finance·2025-11-10 02:47

For the second straight month, the U.S. Labor Department will not publish its economic report due to the government shutdown, which is now the longest on record. The Bureau of Labor Statistics surveys businesses and households to produce the employment report, so without that data, it's hard to get a clear view of the jobs market. But the anecdotal data isn't inspiring much confidence. Amazon, UPS, and Target, three of the largest employers in the country, have already announced plans to lay off tens of ...