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Politics : I Will Continue to Continue, to Pretend....
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To: Sully- who wrote (21096)2/4/2010 2:34:46 AM
From: Sully-   of 35834
 
Upon revision, 800,000 jobs will disappear

By: David Freddoso
Online Opinion Editor beltway-confidential
02/03/10 4:50 PM EST

From Bloomberg:

<<< The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time. >>>

Their multimedia presentation explains the technical reasons behind the discrepancy, which applies to the period between April 2008 and March 2009.

washingtonexaminer.com
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