No jobs report? We're still on the case
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 3 October 2025
⏱️ 10 minutes
🧾️ Download transcript
Summary
The September hiring and unemployment data won't be released today due to the ongoing government shutdown. These reports are typically among the five most closely watched economic indicators each month. Economist Julia Coronado of Macropolicy Perspectives joins us to discuss. Also on the show: the shutdown's impact on health care — from canceled online doctor's appointments to reduced home health services for seniors. And later, Marketplace's David Brancaccio speaks with a former high school guidance counselor in Sheboygan, WI about how students are preparing to enter the labor market.
Transcript
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| 0:58.2 | slash G-O. Doing some sleuthing in lieu of no unemployment report today. I'm David Brancaccio in Los Angeles. |
| 1:08.7 | I come to this party empty-handed. The September hiring and |
| 1:12.7 | unemployment reports are on the schedule for today, but as we anticipated, they never showed |
| 1:17.3 | because of the partial federal government shutdown. These are typically among the top five most |
| 1:21.9 | significant reports of any month. Joining us from Austin is economist Julia Coronado of macro |
| 1:26.7 | policy perspectives. Morning. |
| 1:28.4 | Good morning. Not to extend the metaphor too much, but when my friends take pilot lessons and |
| 1:34.2 | they want to get their instrument rating, they put on actual hood so they can't see out the windows |
| 1:37.9 | and they have to use their little dials. Is that how you feel today without the big unemployment |
| 1:42.8 | report? That's right. |
| 1:44.4 | It's a little bit of withdrawal over here, trying to figure out the landscape of the labor market with very, very little to go on. |
| 1:52.3 | A few snippets, though, here and there. |
| 1:54.5 | Well, earlier this week, we did get the ADP payroll company does its own crunching of what happened in the month just ended. You have that. |
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