Job Report to Dissappoint?

Kevin Drum listened to Bush's speech at the Republican convention yesterday. He might have found an indication of what is to be released in the job report due today at 14.30 CET.

The Washington Monthly:
"BUSH SPEECH....There was no mention in the speech of job creation. Something tells me this means that Friday morning's job numbers aren't going to be so hot."


Update: As a background, here are comments from the White House regarding their policy on the jobs report and Bush's speech.

Bush Won't Know August Payrolls Data Before Speech, Aide Says
By Roger Runningen and Simon Kennedy
Sept. 2 (Bloomberg) -- President George W. Bush will not see
the Labor Department's August employment report before accepting
the Republican Party's presidential nomination tonight, White
House spokeswoman Claire Buchan said.
Bush speaks at 10 p.m. in New York, 10 1/2 hours before the
Labor Department is scheduled to release payrolls data for last
month. Bush and administration economists typically see the
statistics the evening before their public release.
Neither the president nor his speechwriters will see the
data, ``to avoid any misperception that he's signaling
information in advance,'' Buchan said.
Economists surveyed by Bloomberg News expect the report to
show an increase of 150,000 jobs in August, based on the median
forecast, after 32,000 were added in July.

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