The US Department of Labor announced that from February 1, 2026, all agency operations have fully resumed following the approval of an ongoing funding resolution. Previously, due to a partial government shutdown, the department had postponed the release of January’s nonfarm payroll data. The department stated that a new release date for the report will be announced soon. The nonfarm payroll report issued by the Department of Labor is considered a key indicator of the health of the US economy, used to assess employment opportunities, unemployment rates, and other economic factors. During the partial government shutdown, various federal agencies were closed, disrupting the provision of economic data. With the funding resolution approved, not only the Department of Labor but other federal agencies have returned to their regular operations, which is expected to bring stability to financial and economic management. Experts warn that such shutdowns can negatively impact the economy, especially when the timely publication of economic data is delayed. Now that the Department of Labor has resumed its activities, economic analysts anticipate that the timely release of employment reports will stabilize markets and aid investors in making better decisions. However, the government must avoid such disruptions in future financial planning to prevent adverse effects on the economy.
Source: binance