The Ohio jobs report, revisited
I posted recently my confusion over the strong economy in Ohio. Shortly after the post, I learned of a drop in the unemployment rate in Ohio from last month, and updated the claim in the post.
In honor of Bush's trip to Ohio yesterday, the campaign launched a new radio ad trumpeting the creation of over 1000 new jobs in May. And technically it's true. From The Columbus Dispatch:
What the ad doesn’t say, however, is that the job growth reported for May is based on a downward revision of the jobs number for April.
Instead of adding 4,300 nonfarm payroll jobs in April, as was reported initially last month, Ohio actually lost 700 jobs in April, according to the revised numbers.
That means, had the April numbers not been revised, Ohio would have lost 3,900 jobs in May instead of gaining 1,100, based on the preliminary data.