U.S. Cancels October Jobs Report as Shutdown Disrupts Data — Here Is Why Markets Are Reacting So Sharply

The U.S. government has made the decision to cancel the release of the October Jobs Report due to a shutdown that has significantly disrupted the collection and dissemination of important economic data. This unforeseen halt in reporting has led to a notable reaction in the markets, as investors and analysts are grappling with the implications of missing crucial employment statistics, which are often used as indicators of economic health and performance. Here, we explore the reasons behind this sharp market response and the potential consequences of the lack of timely information. source: https://blocknews.com/u-s-cancels-october-jobs-report-as-shutdown-disrupts-data-here-is-why-markets-are-reacting-so-sharply/