That's what CNBC just told me. Up 1.7%!!!!
And, yes, it is true that 728K is 1.7% higher than 716K, the number from last month.
It's also true that the number from last month, 716K, was revised downward from... 770K.
You know, I don't exactly do business stuff for a living but the CNBC people presented this as good news, and there was audible cheering on the trading floor, until about 4 minutes later when it dawned on them that maybe this wasn't actually good news.
