Private payroll growth in January misses expectations as market awaits official jobs data

[Johnny2X2X]

10. Yeah, no reason to delay it

They just want to stall the bad news.

I think they'll just change it to quarterly reporting if things get too bad.

And a lot of the public just think all this is is just an economic indicator. The jobs report and other BLS reports are a lot more than just economic news, there's all sorts of impacts that people don't know about. Local and state governments often have actions that can be triggered by the BLS jobs or inflation reports. They can expand unemployment insurance and food aid when the BLS numbers trigger them to. There are corporations that use BLS data as input to strategies and investments.

Delaying these reports causes ripples, it creates risk for governments and business alike. If they ever start falsifying the data, the impacts could be catastrophic.