Employment growth was essentially flat in September, according to data from investment giant Carlyle that seeks to fill in data gaps created by the government shutdown.
The firm said its proprietary data showed job growth of just 17,000 for the month, which would be even less than the 22,000 gain in August reflected in Bureau of Labor Statistics (BLS) data.
With the BLS shuttered and data releases suspended until the impasse between congressional Republicans and Democrats is resolved, Wall Street firms are rushing to provide alternative measures to paint a picture of where the U.S. economy is heading.
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