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For the first time in several years, the U.S. government's annual revision to employment data appears poised to add jobs to the official tally rather than erase them, early signals suggest.
Employment records that cover roughly three-quarters of the period used for the revision no longer point to a hiring downgrade, according to Wall Street analysts who have begun tracking the data.
The shift strengthens the hawkish argument at the Federal Reserve, with analysts at Evercore ISI and Bank of America warning it reduces the case for easier monetary policy.
What the Early Records Show Access/Macro economist Guy Berger estimates that employment records gathered so far suggest the U.S.
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