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Jobless data a political numbers game?

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  • Description

    Critics charge administration manipulating data

  • Duration 3:36
  • Date

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This transcript is automatically generated

-- I love your stories and had to -- -- two times in order to understand history description.

So the government -- wants certain computers insert in offices to get -- -- information.

Well but when we do the government released every month the Department of Labor when the government tells us how many jobs the economy created a lost.

The process now is reporters go into what's known as a lock up they give us the information in a packet.

About a half hour before hand and in print reporters are allowed to bring their computers in connect to the Internet.

And then write their stories and have access to all the information -- they normally have on their laptops and then.

When it hits 830.

-- are allowed to release that information to the public were a little different because for television so we.

Take notes on a pad then we go outside and they say okay you can talk now and that's what we.

Break the news at 830 -- the Department of Labor says it has some problems -- has had some problems with leaks.

And so what they want to do is make sure that all the print reporters.

Who are looking at this information are using government computers.

On government operating systems and government.

Software and so reporters are up in arms about this we think that it's violation.

Of an independent media.

That we should be allowed to bring in our own devices our own notebooks our own computer devices.

And -- the government shouldn't restrain the access that we have.

On not on our computer screens -- on our hardware so right now the house government oversight reform committee is looking into all of this there's also another.

Focus of this hearing about the Department of Labor in charges.

-- the Obama administration.

Had been inflating.

Green jobs for example if they a bus ran on electricity.

That bus driver would go from being considered it a bus driver you know that wasn't part of a green job.

To someone that had gotten a green job and -- a green job had been.

Created.

Right so these are the two things the Department of Labor.

Is dealing with right now on this house committee in the house committee is is basically charging Republicans on -- committee you're charging that there's.

Political influence and now with these new lock up procedures that first thing we talked about that the government the administration will influence job numbers even more.

I -- immigrants.

But I don't get it means it's okay go wrong that the government wants to do this was aaron's mark -- is that yes.

-- -- that's funny because.

We don't know they said that there were two incidents but refuse to go into.

Those incidents and what exactly happened what early release there was.

It is very sensitive data markets do move markets certainly do move on analysts are reeling from Friday's jobs report up until exactly and I exactly and ended -- there are if you don't we -- in there's -- there's an opportunity to make money there if you're releasing that information early however when you look at the practice that's going on now the Department of Labor.

And you compare that to -- the Federal Reserve does when it meets because we go to the same the same reporters essentially cover the same two things.

-- treasury and and fed when the Fed releases its its interest rate decision you go to the Treasury Department.

The Fed faxes over the decisions that -- handed decision out and then everyone transmits on their own computers and and you could argue that that information.

Could at times he even more sensitive.

And the jobs data and so you know why are we going throw this -- and labor hasn't been all that clear specifically as to why they're changing it.

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