[lbo-talk] 2003 Jobs numbers to be revised up by 500K?

Doug Henwood dhenwood at panix.com
Sun Oct 3 09:47:34 PDT 2004


mike larkin quoted:


>"On Faux News "Beltway Boys" Fred Barnes said that
>when the jobs numbers are released next Friday (final
>report before the election AND the day of the second
>presidential debate) that in addition to reporting the
>most recent numbers there will also be a revision for
>the entire 2003 jobs numbers -- with the rumor being
>they will go up by 500,000+. WTF? Anyone know if
>this is usually done so far after the end of the
>previous year? Or is another cabinet branch just
>doing its job for the Bush campaign?"

It's a normal pre-announcement of a revision that will be formalized in the spring. There's nothing fishy about it at all. It's also very unlikely to be +500k - half that is more likely.

Doug



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