Fed Loses Access to Private Jobs Data Amid Government Shutdown | #shorts

In a significant development, the Federal Reserve has lost access to crucial private employment data from Automatic Data Processing (ADP). This dataset, covering approximately 20% of the U.S. private workforce, has been instrumental for the Fed in monitoring real-time labor market trends. The cessation of this data sharing follows a public disclosure by Fed Governor Christopher Waller in August 2025, which reportedly led ADP to halt the collaboration due to privacy concerns. This loss is particularly impactful as it coincides with the ongoing government shutdown, which has already delayed the release of official employment reports from the Bureau of Labor Statistics. The absence of timely and comprehensive employment data poses challenges for the Federal Reserve in assessing economic conditions and formulating appropriate monetary policies. Market participants are closely monitoring this situation, as the lack of real-time labor market information could lead to increased volatility in both traditional and cryptocurrency markets. The Federal Reserve is actively seeking alternative data sources to bridge this information gap, but the effectiveness of these substitutes remains to be seen. The evolving landscape underscores the critical importance of data access for economic decision-making and the potential repercussions of data disruptions on financial markets and policy effectiveness.
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#federalreserve, #adp, #employmentdata, #governmentshutdown, #monetarypolicy

Видео Fed Loses Access to Private Jobs Data Amid Government Shutdown | #shorts канала Dragon Finance