U.S. May Lose 824,000 Jobs as Employment Data Revised: Analysis

[WallStWhizKid]

Feb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aNSc0oQ0vb4M&pos=10

 

[Scataphagos]

Quote from WallStWhizKid:

Feb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aNSc0oQ0vb4M&pos=10

If so, market will probably rally. "Whew! Glad THAT's out of the way"... king of thing.

 

[nazzdack]

Quote from WallStWhizKid:
The U.S. may.........duh!................time.

Confirmation of the obvious?