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Podcast: Squawk Pod
Episode: Labor Market Metrics in a Shutdown 10/1/25
Description: Hours into the first government shutdown in over six years, Punchbowl News co-founder Jake Sherman reports on the path forward for both sides of the aisle. The Bureau of Labor Statistics will not release its monthly employment report amid the shutdown, sending economists and investors elsewhere for labor market data. CNBC’s Steve Liesman shares September's ADP National Employment Report, and ADP’s chief economist Nela Richardson explains how her metrics–along with other datasets–help paint a picture of the labor market. Richardson’s takeaway: no matter the metric, hiring momentum has slowed. Plus, Berkshire Hathaway is reportedly exploring...