The Most Bullish Line In This Mornings Strong Jobs Report

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Photo: Emmett Tullos via Flickr

The headline jobs number was nice, but one thing you always want to see is upward revisions to past data, since that implies that the survey-takers, and their models are actually failing to capture improvement that’s really happening.And, bingo.

From the announcement:

The change in total nonfarm payroll employment for July was revised from +85,000 to  +127,000, and the change for August was revised from 0 to +57,000.

That’s another 99K more payrolls.

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