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A backlog of government economic data is set to ease, but disagreement on the country’s economic outlook could linger.In an unusual move, the Bureau of Labor Statistics is expected to publish jobs data today from October and November — but key details will be missing.
Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.
November’s job report may be distorted as a result of the government shutdown, limiting how much it will influence the Federal Reserve’s next interest rate decision in January.Jerome H. Powell, the Federal Reserve chair, warned last week that policymakers would have to take the November data lightly.
Three Democrats are seeking information from tech firms about the growing energy use of data centers and the utility bills of individuals and other businesses.The energy needs of data centers used for artificial intelligence are forcing utility companies to spend billions of dollars to upgrade the power grid, the lawmakers said.
Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.A career fair at Texas A&M University at Galveston in October.