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Expect a Solid Upward Revision to US Non-Farm Payrolls: Economist

Friday, 6 Jan 2012 | 4:30 AM ET

James Shugg, senior economist at Westpac Bank, told CNBC, "my sense is that there is enough good news starting to come through on the labour market, lower initial jobless claims, the fact that revisions in the pay-rolls report, for the last few months now, have consistently been to the upside, the fact that we have had four consecutive gains in the household employment number."