US Employment Report Delayed by Shutdown, Impacts Markets & Bitcoin

The U.S. government shutdown has thrown a wrench in the labor market, delaying crucial employment data and impacting financial markets. The Bureau of Labor Statistics (BLS) has announced the cancellation of October’s nonfarm payroll report, marking the first time in its history that such a delay has occurred. This unprecedented event throws off market forecasts, with investors anticipating potentially different Federal Reserve actions due to a delayed economic picture.