According to the source, a U.S. federal shutdown would force the Bureau of Labor Statistics to postpone the Employment Situation (nonfarm payrolls) release because BLS suspends data collection and publication during a lapse in appropriations, which is outlined in the U.S. Bureau of Labor Statistics contingency plan. According to the Federal Reserve’s FOMC statement, labor market conditions are a key input to data‑dependent policy, and traders recalibrate rate‑cut odds after the jobs report using fed funds futures, as described by CME Group’s FedWatch methodology. According to the Cboe Options Institute, uncertainty around the timing of major macro releases tends to lift implied volatility, and crypto has become sensitive to U.S. macro conditions, according to IMF research showing stronger co-movement with broader risk assets.

According to @CNBC, Jim Cramer’s week-ahead highlights the upcoming U.S. nonfarm payrolls report and earnings from Paychex (PAYX) and Nike (NKE) as the key market events to watch in the coming week. source: CNBC The U.S. nonfarm payrolls release is a monthly report that includes measures such as nonfarm employment change and average hourly earnings that traders track closely. source: U.S. Bureau of Labor Statistics CNBC’s preview lists Paychex and Nike among the companies scheduled to report, drawing attention from labor- and consumer-demand-related indicators that equity and crypto participants monitor for sentiment. source: CNBC

According to @rovercrc, traders should watch Initial Jobless Claims on Sep 4 as an early read on U.S. labor market strength (source: @rovercrc). According to @rovercrc, the Nonfarm Payrolls and Unemployment Rate on Sep 5 are the most pivotal data of the month for markets (source: @rovercrc). According to the U.S. Department of Labor, weekly initial jobless claims are released at 8:30 a.m. ET and serve as a timely gauge of labor market conditions (source: U.S. Department of Labor). According to the U.S. Bureau of Labor Statistics, the employment situation report including Nonfarm Payrolls and the Unemployment Rate is released at 8:30 a.m. ET on the first Friday of each month (source: U.S. Bureau of Labor Statistics). According to @rovercrc, weaker jobs data and a higher unemployment rate could see risk assets, including crypto and equities, rally near the releases (source: @rovercrc).

According to @GreeksLive, the September 1–7 calendar features numerous macroeconomic events, with Friday’s U.S. nonfarm payrolls and unemployment rate flagged as particularly significant, source: @GreeksLive, Sep 1, 2025. @GreeksLive also notes that the Federal Reserve’s actions this month will exert substantial impact, underscoring the relevance of this week’s data for market participants, source: @GreeksLive, Sep 1, 2025.