{"id":233110,"date":"2025-10-23T00:05:54","date_gmt":"2025-10-23T00:05:54","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/233110\/"},"modified":"2025-10-23T00:05:54","modified_gmt":"2025-10-23T00:05:54","slug":"feds-loss-of-adp-labor-statistics-adds-to-data-vacuum","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/233110\/","title":{"rendered":"Fed\u2019s Loss of ADP Labor Statistics Adds to Data Vacuum"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers\u2019 lack of timely information on the economy amid the ongoing federal government shutdown.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Payroll services firm <a href=\"https:\/\/www.bloomberg.com\/quote\/ADP:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">ADP Research<\/a> stopped providing the data, which covers about 20% of the US private labor force, after an Aug. 28 <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/speech\/waller20250828a.htm\" title=\"Waller speech\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">speech<\/a> by Fed Governor Christopher Waller that referenced the statistics, according to a person familiar with the situation.<\/p>\n","protected":false},"excerpt":{"rendered":"The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers\u2019&hellip;\n","protected":false},"author":2,"featured_media":233111,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,110538,46,2443,2071,893,135,9316,79545,1571,33118,2100,61],"class_list":["post-233110","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-christopher-j-waller","tag-economy","tag-employment","tag-federal-reserve","tag-government","tag-inflation","tag-interest-rates","tag-jay-powell","tag-labor","tag-labor-force","tag-policy","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/233110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=233110"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/233110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/233111"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=233110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=233110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=233110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}