Another indication that jobs report will benefit Bush

With Bush and Kerry awaiting the jobs report to be made public tomorrow at 8:30 am eastern time, analysts seem to be predicting there will be a large employment gain in the numbers.

This from Investors Business Daily:

"The unemployment rate today is lower than the average of the past three decades," said James K. Glassman, a fellow at the American Enterprise Institute. Friday's jobs report "will almost certainly show powerful employment gains."

"Each year, the payroll survey is updated and revised with better estimates of job creation, especially from new firms. Last year, the payroll survey was revised lower by 122,000.
It's possible, although unlikely, that the estimated revision this year could be so large as to completely erase the Bush jobs gap of 913,000. More likely, payrolls will be revised higher by about 200,000 or 300,000, economists say."

If this analysis proves true, Bush will have major momentum to rebut Kerry as he tries to score points in the domestic issues debate by blaming Bush for anemic job growth. We shall see...