New York Got Some Good News From That BLS Revision: Justin Fox

At the same time earlier this month that the US Bureau of Labor Statistics released its headline-making preliminary estimate that US nonfarm payroll employment as of March was 911,000 lower than previously reported, it also published preliminary annual benchmark revisions for states and large metropolitan areas. The standout by far was New York, with the BLS estimating that there were 109,600 more payroll jobs in the state in March than previously reported, and 102,800 more in the New York-Newark-Jersey City metropolitan area.

With the estimated benchmark revision for New Jersey coming in at plus 31,500, and the only other New York ...