The Latest Breaking News from Jobs Report

Wall Street soared to fresh record highs at the end of the week, brushing aside the 21st U.S. government shutdown in history and a missing jobs report, as investors doubled down on bets for interest rate cuts and cheered strong gains in pharmaceutical and AI-driven tech stocks.

The lack of a September jobs report didn't seem to worry market participants, with the data delayed due to the ongoing government shutdown.

In the absence of a jobs report, the ADP report was this week's headliner.

Data was collected for closely-watched jobs report before shutdown, but Trump officials so far defy calls to publish it

The United States suspended the publication of a key employment report Friday as a partial government shutdown entered its third day, casting a fog over the health of the world's biggest economy.

As the U.S. government shutdown suspends Bureau of Labor Statistics (BLS) data releases, including the critical September jobs report scheduled for Friday, the Chicago Fed has stepped in with a final real-time forecast, predicting a steady unemployment rate of 4.34% for September 2025, based on 11 job market indicators.

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of deliberately withholding the September jobs report by using the U.S. government shutdown as cover for doing so.

Warren's push comes despite a contingency plan from the Labor Department making clear that BLS would suspend both data collection and publication during a funding lapse.

While government shutdowns typically don't impact stock returns, they can delay the release of key economic data – including the monthly jobs report.

The September jobs report is expected to show a payroll gain of 45,000, up from 22,000 in the prior month, with the unemployment rate holding steady at 4.3%.

Markets enter a potentially volatile week as Washington faces the looming threat of a government shutdown amid Congressional budget negotiations, while investors await Friday's September jobs report.