Tuesday, February 3, 2026

#Economy & #Stocks Review - Jobs Report Delayed

E&S Review
Much of today's economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.

Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.

Subscriber Comments

Jobs Report Delayed

The Bureau of Labor Statistics will delay the January 2026 jobs report due to the ongoing partial government shutdown, with a new release date to be set once funding resumes. The shutdown has already disrupted other routine economic data releases, including labor and inflation reports, following similar delays during last year’s record shutdown. The postponed report was expected to show 55,000 job gains and an unchanged unemployment rate of 4.4%, and its absence comes during an otherwise busy week for economic data. Congressional negotiations remain stalled, though House leadership has suggested a resolution could come soon.

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