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One thing about the July job numbers

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ps1074 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 09:45 AM
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One thing about the July job numbers
Actually July was a 5 week reporting period. Due to the fact that monthly job figures are released every first Friday of the month some months have 4 week reporting periods and some have 5 weeks reporting periods.

So when you have 5 week period you expect job figures to be at least 20% higher. The fact that they revised last 2 months gains by tenx of thousands and the fact thta we have a 5 week period now leads me to this 'bold' prediction:

If we see the July numbers revised next month, the safe bet is USA economy actually lost jobg during the month of July.
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