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BLS took steps to fix data release failures but watchdog says more safeguards are needed
The Bureau of Labor Statistics has taken steps to address issues that led to the release of key economic data at improper times in 2024, though a watchdog said it has more work to do in establishing safeguards. A report by the Labor Department's inspector general looked at a trio of incidents in which economic data was either released early or late, or methodology was shared externally before it was made available to the public. In each case, BLS leaders didn't learn of the situation until up to an hour after they occurred. BLS data for key reports like CPI inflation data and the benchmark revisions to the employment ... (full story)
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