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Benzinga
Benzinga
Business
Rishabh Mishra

Moody's Chief Economist Says Not Having BLS Data Is 'A Serious Problem,' But Cites Private Data To Warn That Job Market Is 'Sputtering'

Stuttgart,,Germany,-,09-21-2023:,Mobile,Phone,With,Website,Of,United

Moody’s Analytics Chief Economist Mark Zandi declared the U.S. job market is “weak and getting weaker,” delivering his warning after piecing together an analysis from private-sector data.

The assessment comes as the official September jobs report from the Bureau of Labor Statistics (BLS) remains unreleased due to the federal government shutdown, creating what Zandi calls a “serious problem” for economic policymakers.

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