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"U.S. Bureau of Labor Statistics experiences technical issue ahead of employment data release"

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Minseung Kang
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  • The U.S. Bureau of Labor Statistics (BLS) reported that its data query tool experienced technical problems ahead of the release of the August employment report.
  • It said the data system is currently down, but that whether the release will be delayed has not yet been confirmed.
  • The U.S. employment report is a key indicator that directly affects the Federal Reserve's (Fed) monetary policy and the financial markets.
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The U.S. Bureau of Labor Statistics (BLS) is reported to have experienced technical problems in its data query tool ahead of the scheduled release of the August employment report at 9:30 p.m. (KST).

On the 5th, overseas economic news channel Walter Bloomberg said on X (formerly Twitter), "BLS's data query system is down," adding, "At present, it has not been confirmed whether the release will be delayed."

The U.S. employment report is considered a key indicator that directly affects the Federal Reserve's (Fed) monetary policy direction and financial market trends. Accordingly, attention is focused on whether the BLS system outage could disrupt the release schedule.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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