On September 5th, Bloomberg economist Anna Wong made a prediction regarding tonight's non-farm report, stating, "Regardless of the employment data, it may be quickly revised upwards. The reason is that in August, the initial response rate tends to be lower for various reasons, such as people being on vacation. Historically, the next two revisions are very likely to rise."
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Bloomberg economists: Regardless of how tonight's non-farm payroll report data turns out, subsequent revisions will be quickly adjusted upwards.
On September 5th, Bloomberg economist Anna Wong made a prediction regarding tonight's non-farm report, stating, "Regardless of the employment data, it may be quickly revised upwards. The reason is that in August, the initial response rate tends to be lower for various reasons, such as people being on vacation. Historically, the next two revisions are very likely to rise."