Who gets to see the employment report before everybody else?

The question periodically comes up in the context of wacko conspiracy theories, but it's actually a very short list: The president, of course, the Treasury Secretary, the chairman of the Federal Reserve, the Secretary of Labor, and maybe a few others. The honchos get the report in the late afternoon or early evening on the day before it officially gets released (5:30 a.m. L.A. time). Business Insider asked for Treasury official Tony Fratto about the list:

"During my time at Treasury and the White House, the information was VERY closely guarded -- the President would get briefed, and maybe the Chief of Staff (at White House and Treasury) or might be told the #s or might be in the room when the President got briefed, but it wasn't disseminated beyond that very small group.Also, because there's a 1-hour moratorium on Administration officials commenting on the data, that's way more than enough time to prepare."

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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