US / DOL’s Layoffs Report Could Become Victim of Sequester

The “sequester” spending cuts could cause hundreds of thousands of layoffs across the U.S., economists say. But, in a twist, the cuts will also impede the government’s ability to count those layoffs.

The Labor Department is planning to stop producing its monthly report on mass layoffs in the U.S. labor market if sequester begins as expected Friday, according to an internal agency email. Two other economic reports—one counting green jobs and another on international labor comparisons—would also be cut.

Chosen excerpts by Job Market Monitor 

via Labor Department’s Layoffs Report Could Become Victim of Sequester – Real Time Economics – WSJ.