Possible Job Figures Leak: The Labor Department...
From Times Staff and Wire Reports
Possible Job Figures Leak: The Labor Department is examining the possibility that its June unemployment report was leaked to traders in financial markets by an unnamed news service, triggering a market fluctuation, agency spokesman Bob Zachariasiewicz said. The monthly report released July 6 on June unemployment is the government’s first comprehensive look at economic activity for that month. Just before the figure’s release, a trader on the Chicago Board of Trade began selling bond futures heavily, according to a Dow Jones report. The move may been a lucky guess or an indication of a premature leak, the report said.
