Jan. 2 (Bloomberg) — The Labor Department's Office of Inspector General has recommended changes to the way it releases weekly jobless claims data after an audit found the system couldn't ensure fair access to market-moving numbers.
The inspector general's finding released today urged the department to consider abandoning media lockups in which some news organizations are given early access to information. In addition to claims, the department issues monthly payroll and inflation figures.
The watchdog's report, which was ordered after the department released claims data prematurely in August 2012, comes as U.S. statistical agencies reconsider their decades-old methods of disseminating numbers to the media and public.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
