How the US payroll revisions could impact the market

Bureau Of Labor Statistics News

How the US payroll revisions could impact the market
Benchmark RevisionsJulie HymanThe Bureau
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Many investors are awaiting the benchmark revisions from the Bureau of Labor Statistics which could change how Wall Street has viewed jobs data over the past...

Many investors are awaiting the benchmark revisions from the Bureau of Labor Statistics which could change how Wall Street has viewed jobs data over the past year. How does the Bureau do this and what could some of the changes be?The next monthly jobs report doesn't come out until September, but tomorrow morning at 10.Yahoo FINANCES Julie Hyman has more details with today's chart of the day.

A big downward revision in 2019 took down the number of jobs added by 501,000 a big addition in 2022 post pandemic of 462,000 and then last year, a decrease of 306,000.The anticipation for tomorrow's release is that it will take down the number of jobs added in the past year by quite a bit now there are a bunch of different estimates here.The number could be as high as a million jobs subtracted, but they say you could see at least 600,000 Wells.

And that is also going to be factored in as to whether or not there will be 50 basis points versus 25. Freddie Flintoff admits 'anxiety was through the roof' to be back on TV in emotional Field of Dreams chatAlabama has given one of Kalen DeBoer's key behind-the-scenes staffers, general manager Courtney Morgan, a three-year contract worth nearly $2.5 million — a notable investment by one of the top football programs in the country at a time when colleges teams are increasingly operating like professional franchises.

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