…the last one before the election. Nobody’s expecting anything much in the way of short-term news, but apparently they’re going to have revisions to the non-farm employment numbers from April 2009 to March 2010. Translation: the current unemployment rate probably won’t go up or down much, but past ones might*. Remember, might: also remember, we want good news. People are hurting out there, and somebody needs to care about that, even if the current ruling party apparently doesn’t.
Moe Lane
*As MarketWatch puts it, “Friday’s new numbers could vastly alter perceptions of labor conditions. They may also change perceptions of how well the stimulus legislation worked as a job-creating program.” It would certainly be nice if the numbers were better than we thought…