Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry. NYT | Top Stories By: Ben Casselman and Colby Smith 16 December 2025 at 18:03 November’s job report may be distorted as a result of the government shutdown, limiting how much it will influence the Federal Reserve’s next interest rate decision in January. © Caroline Gutman for The New York TimesJerome H. Powell, the Federal Reserve chair, warned last week that policymakers would have to take the November data lightly.
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