Government Shutdown Kills Jobs Report, Not Job Cuts
Octoberâs job market looked like a bad date: no new data from the Bureau of Labor Statistics thanks to the longest US government shutdown ever, so analysts eyeballed ADP, Indeed, and LinkedIn instead. ADPâs Nela Richardson reported a modest 42,000 private sector job gain - mostly from giants with 500+ employees, while Challenger, Gray & Christmas announced a 153,074 job-cut bonanza, the highest October since 2003, blaming AI and pandemic overhiring (Amazon trimmed 14,000 folks). Meanwhile, Indeed waved a sad flag as job postings hit 2021 lows and small-business hiring fell for the first time since January, per Gusto. Economists shmomed working with puzzle pieces without BLS data, but hey, who needs clarity when the economy is a slow-motion soap opera?
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The US job marketâs basically a soap opera without its ratings reportâthanks government shutdown! Jobs grow modestly, layoffs skyrocket, and small biz suddenly ghost their new hires. Who's running this show? Plot twists include AI, Amazon's scissors, and a slow dance of economic doom.
Waiting for a fresh jobs report during the longest government shutdown is like waiting for a bus that never arrives while watching job cuts sprint off in the opposite direction.
ADP celebrates 42,000 new private sector jobs while challengers slice up 153,000 roles. It's basically America's employment version of a seesaw nobody enjoys.
Source: Businessinsider | Published: 11/7/2025 | Author: Madison Hoff
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