Government shutdown will slow administration, Labor Department momentum: Secretary

The release of the September jobs report is in jeopardy due to a potential government shutdown, with just over eight hours remaining. If a continuing resolution is not passed, the report, crucial for markets and businesses, will be delayed. This shutdown is attributed to Democrats not coming to the table, which the speaker argues will halt the current administration's momentum and negatively impact the Department of Labor's efforts to put Americans back to work.

This halt also affects the Federal Reserve, with concerns that a lack of reliable data will lead to decision-making with incomplete information, akin to "flying blind." The shutdown would prevent essential workers from collecting vital labor statistics, impacting the nation's economic understanding and the progress of initiatives like apprenticeship programs and reinvestment in American manufacturing, which are currently showing positive trends like a "bluecollar boom."

The speaker, a former member of Congress, urges colleagues to pass the continuing resolution, emphasizing that political games are detrimental to the American people and will cause them to suffer. The current economic momentum, including low unemployment and the return of manufacturing, is at risk of being undone by this inaction.

• A government shutdown, potentially starting soon, will delay the September jobs report.
• Reliable data is crucial for markets, businesses, and the workforce, and its absence will make economic decisions difficult.
• The shutdown is blamed on Democrats refusing to pass a continuing resolution.
• The halt jeopardizes the current administration's momentum and the Department of Labor's efforts to create jobs.
• Initiatives like a "bluecollar boom" and apprenticeship programs are at risk of being negatively impacted.

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Status of September Jobs Report [00:10]

• The September jobs report will be held up if Democrats do not pass a continuing resolution.
• The speaker states that the delay will be on the shoulders of the Democrats if they shut down the government.
• The report is almost complete, but its release depends on the passage of the continuing resolution.

The September jobs report faces a significant risk of delay if a continuing resolution is not passed, with the responsibility for this potential holdup placed on the Democrats. Even with the report nearing completion, its release is contingent on avoiding a government shutdown.

"There will be a holdup uh with that report if the Democrats do not come to the table and pass this continuing resolution."

Impact of Delayed Data on Economic Decisions [00:47]

• Reliable data is essential for the American people, markets, and businesses.
• The absence of this data will cause the current administration's momentum and the Department of Labor's efforts to put Americans back to work to come to a "screeching halt."
• The Federal Reserve is concerned about the impact of not having this number, as it will lead to making decisions with incomplete information.
• Economic data sources are becoming "noisier" than in the past, making the need for consistent data even more critical.
• Making decisions without this data is described as "driving with one eye closed" or "flying blind."

The speaker emphasizes the critical importance of reliable data for economic stability and decision-making, arguing that its absence due to a shutdown will severely impede progress and create an environment of uncertainty. This lack of information will force key institutions like the Federal Reserve to operate with limited insight, potentially leading to misguided actions.

"What's important to the American people is that they count on reliable data."

"So clearly he says, you know, we we'll be driving with with one eye closed, two eyes closed, you can call it anything you want, flying blind."

Consequences of Government Shutdown [02:38]

• If the government shutdown happens and extends, essential workers will not be able to collect data.
• This inaction will halt the momentum of the administration's policies, such as negotiating trade deals and leveling the playing field for businesses.
• America First policies are working, leading to businesses reinvesting in the country and a workforce ready to come online.
• There are one million apprentices on the ground, with companies like Ford, Penske, and Carhartt wanting to invest in the American workforce.
• Unemployment has been holding steady, but the shutdown will put a halt to this progress.

The shutdown threatens to halt the positive economic trajectory by preventing data collection and disrupting initiatives aimed at boosting American employment and manufacturing. The speaker highlights significant investments and workforce development programs that are at risk of being undermined by political games.

"America first policies are working and it's going to come to a screeching halt because the Democrats are choosing to play political games."

Call to Action and Economic Outlook [03:54]

• The speaker urges former colleagues in Congress to come to the table and get the continuing resolution done.
• This action is necessary for the American people to move forward and avoid suffering due to political games.
• The bluecollar boom is happening, and the shutdown will negatively impact it.
• The goal is to get dollars to states to make America skilled and allow people to keep more of their earnings.

The speaker implores lawmakers to prioritize the well-being of the American people by passing the continuing resolution, emphasizing that political maneuvering is harming economic progress and the livelihood of citizens. The focus should be on supporting growth and ensuring people benefit from their hard work.

"I'm telling my colleagues, my former colleagues, come to the table. Get this continuing resolution done so that the American people can move forward and not be suffering on the backs of political games."