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The US government is shut down, and the non-farm report on Friday has a high probability of "difficult labor".

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2025-10-01 07:11:24
The US federal government officially shut down at 01am EST on Wednesday after Democrats and Republicans failed to reach an agreement on a short-term spending plan. A shutdown can hit the economy in a variety of ways, from hundreds of thousands of federal employees failing to get paid on time to delays in the release of key economic indicators. But the duration of the shutdown is key - the longer it lasts, the greater the blow to economic growth and the businesses that depend on the federal government's day-to-day operations. The shutdown comes at a sensitive time for the US labour market: US job growth has stalled throughout the summer. Economists and investors will lose an important reference for the September non-farm payrolls report due to be released on Friday due to the shutdown of government data department personnel. (Jin Ten)
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