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To: Unmarked Package
Sorry - I corrected in a later post - oct-nov growth was revised upward by 49k, not downward... but if you compare numbers in table b-1 of last month's report with this month's report you'll see the significant downward revision I'm referring to (a change of 368,000)...
67 posted on 02/03/2006 7:16:58 AM PST by eraser2005
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To: eraser2005
"I corrected in a later post - oct-nov growth was revised upward by 49k, not downward... but if you compare numbers in table b-1 of last month's report with this month's report you'll see the significant downward revision I'm referring to (a change of 368,000)..."

Thanks for the links to the data you were using.

I was confused by the fact that you posted revisions to new nonfarm jobs numbers in the same sentence or paragraph with much larger revisions to total nonfarm jobs. It gave me (and mayber others) the erroneous impression you were claiming the net in new nonfarm jobs is negative due to revisions.

While the number of total nonfarm jobs are revised downward substantially for both months (-190k for Sep and -178k for Oct), the delta between the two months (new jobs created) actually increases from +25k to +37k due to the revisions.

151 posted on 02/03/2006 9:07:38 AM PST by Unmarked Package
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