*Walter Bloomberg|Oct 22, 2025 16:30
FED LOST ACCESS TO PRIVATE JOBS DATA AHEAD OF GOVERNMENT SHUTDOWN
Federal Reserve officials, already cut off from U.S. economic stats due to the government shutdown, no longer receive employment data from ADP. The dataset, covering 20% of private workers and usually available with a one-week delay, had been a key gauge of the job market. ADP stopped sharing the data after Fed governor Christopher Waller’s August speech highlighted the Fed’s use of the weekly payroll information.(*Walter Bloomberg)
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