{"id":92102,"date":"2025-10-22T23:57:14","date_gmt":"2025-10-22T23:57:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/92102\/"},"modified":"2025-10-22T23:57:14","modified_gmt":"2025-10-22T23:57:14","slug":"feds-loss-of-adp-labor-statistics-adds-to-data-vacuum","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/92102\/","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":92103,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,61991,184,2116,4318,234,85,932,4486,46,16211,3961,41740,4555,125],"class_list":{"0":"post-92102","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-christopher-j-waller","10":"tag-economy","11":"tag-employment","12":"tag-federal-reserve","13":"tag-government","14":"tag-il","15":"tag-inflation","16":"tag-interest-rates","17":"tag-israel","18":"tag-jay-powell","19":"tag-labor","20":"tag-labor-force","21":"tag-policy","22":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/92102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=92102"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/92102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/92103"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=92102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=92102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=92102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}