Mom's Taxi Service is being called in on account of weather--we bought a nice little Subaru Saturday, but there is still a Level 2 Emergency and OSU is in session. Oddly, #1 Son would rather not be behind the wheel (and I'd rather it was me driving, too!)
But here's a little something for y'all to chew on while I'm gone. Get yer fresh revisions here!!
Prettying up the job marketNEW YORK (CNN/Money) - Though U.S. jobs data have been ugly lately, some economists think the government's annual benchmark revisions, due in early February, will pretty the numbers up a bit.
But others say the effect could be akin to putting lipstick on a pig -- the job market's just not great, and the revisions won't disguise that.
On Feb. 6, the Labor Department is due to report January's unemployment rate and non-farm payroll growth. When it does, it will revise the payroll numbers for the past several months, possibly going as far back as January 1999.
Some economists believe the numbers for recent months -- including December, which showed a stunningly weak gain of just 1,000 new payroll jobs -- will be revised upward.
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