ISM US Services PMI – What to Expect – 10.03.25

BLS September labor data has been collected and is likely ready for release - CNN. Elizabeth Warren calls for Trump to release the jobs report despite shutdown Democratic Sen. Elizabeth Warren is calling on the Trump administration to release the September jobs report on Friday despite the ongoing government shutdown, a Senate aide told CNN on Thursday. The monthly jobs report, compiled and published by the Bureau of Labor Statistics, is arguably the most critical piece of US economic data released each month. Its importance is even greater now, given concerns about weakness in the job market and the rising unemployment rate. Employees furloughed at the BLS have told Warren’s office the September labor data has been collected and is likely ready to be released, the Senate Banking Committee aide said. “Let’s be clear: the jobs data scheduled to come out this Friday has undoubtedly been collected and the President must release it,” Warren, the top Democrat on the committee, said in a statement to CNN. “Without it, the Federal Reserve will not have the full picture it needs to make decisions this month about interest rates that will impact every family across the country BLS Staff and Former Commissioner Beach: September data is collected and likely ready. However, a government shutdown halts the scheduled October 3rd release per Labor Department plans - CNN.

US Senate Majority Leader Thune: Unlikely that Senate will have votes over the weekend

Fed's Goolsbee: The immediate impact of the shutdown will be on federal workers who don't get paid on time - Fox News. Fed's Goolsbee: we fly blind without economic data in shutdown. FED'S GOOLSBEE: WE WANT TO BE CAREFUL ABOUT OVERLY FRONTLOADING RATE CUTS. ... Fed's Goolsbee Says Current Data Indicates Unemployment Rate Remains Stable.