US Non-Farm Payroll Data Unexpectedly Leaked Early, Raising Concerns About Market Fairness

【BlockBeats】U.S. President Trump posted a chart on his social media platform on January 10th (Thursday evening local time). The chart includes the latest U.S. non-farm employment data — since January of this year, the private sector has added 654,000 jobs, while the government sector has reduced 181,000 jobs. The issue is that these data were supposed to be officially released by the U.S. Department of Labor along with the December non-farm report on Friday, but they were leaked nearly a day early.

Following the incident, the White House responded by calling it an “unintentional act” and stated that they would review the release of economic data and embargo agreements. The official explanation is that the President is legally permitted to receive some economic data in advance for briefing purposes, but should not disclose it publicly during the embargo period. Trump himself downplayed the matter, stating that he is not responsible.

Interestingly, this is not the first time Trump has caused a stir by leaking or hinting at non-farm data early. Market reactions show that U.S. stock index futures experienced only slight fluctuations during light trading hours, with no significant impact so far.

However, analysts have issued serious warnings about this. Experts point out that such incidents could erode investors’ confidence and trust in official U.S. economic data. KPMG’s chief economist said that leaking sensitive data early could undermine market fairness and prompt investors to start “interpreting the President’s social media signals” before the official release, ultimately increasing the risk of market volatility. This poses a hidden risk to the stability of the entire financial market.