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Message: Annual (downward) revision in employment data due on Friday

Annual (downward) revision in employment data due on Friday

posted on Feb 04, 2010 05:27AM

According to this Bloomberg article there may be a downward revision of 824,000 jobs on Friday to compensate for the Birth/Death Rate Model "trick" played on us during the past year.

A lot of explaining to do for Steve Liesman, when the numbers come out. I wonder how they are going to spin this.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aNSc0oQ0vb4M&pos=10

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