Employment: Preliminary annual benchmark revision shows upward adjustment of 95,000 jobs

The BLS released the preliminary annual benchmark revision showing 95,000 additional payroll jobs as of March 2017. The final revision will be published when the January 2018 employment report is released in February 2018. Usually the preliminary estimate is pretty close to the final benchmark estimate. The annual revision is benchmarked to state tax records. From the BLS: In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark......(read more)

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