Job reports put on hold as shutdown continues

(Justin Sullivan/Getty Images)

With all but three of its statisticians on furlough, the Labor Department won't release an expected jobs report today, and further reports have been indefinitely postponed. That will make it much harder to assess the state of the U.S. economy, potentially making the Federal Reserve's job far more difficult, says Boston Fed chief Eric Rosengren. "We will have data from the private sector," he said, "but if we don't have good, reliable government statistics, it will make it much harder to be able to take a gauge of what's going on."

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