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10/05/2004

 

Great payroll report due Friday


UPI reports {from the WSJ} that the independent Bureau of Labor Statistics will announce new March-March payroll data on Friday:
A memo from President Bush's Council of Economic Advisers estimates the revised payroll/employment figure for the period could be higher than the original by 288,000 jobs, or even as many as 384,000.

Even a lesser upward revision, combined with additional jobs reported for July through September, would reduce Bush's first-term jobs deficit and weaken John Kerry's attacks on the incumbent's economic policies.
This will be in time for Friday's second debate between the President and his challenger.

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