We report the measurement of the local Ni 3d spin polarization, not only below but also above the Curie temperature ͑T C ͒, using the newly developed spin-resolved circularly polarized 2p ͑L 3 ͒ resonant photoemission technique. The experiment identifies the presence of 3d 8 singlets at high energies and 3d 8 triplets at low energies extending all the way to the Fermi energy, both below and above T C , showing that it is the orbital degeneracy of the 3d band and the Hund's rule splitting which is of utmost importance to understand Ni and other 3d ferromagnets. [S0031-9007(97) PACS numbers: 75.20.En, 75.25. + z, 79.60.Bm Itinerant ferromagnetism in late transition metals at finite temperatures has been for a long time a subject of scientific debate [1]. Neutron scattering experiments [2] and also photoemission measurements on Ni [3,4] at high temperatures have in particular stimulated much discussion on the validity of the simple Stoner-Wohlfarth meanfield theory [5] which predicts the collapse of exchange splitting above the Curie temperature ͑T C ͒ and the disappearance of local moments. Observations of different k dependent exchange splitting behavior with temperature gave rise not only to fluctuating band theory [6] which assumes the persistence of a certain degree of short-range magnetic order above T C , but also to the two-pole ansatz plus effective medium approach for the Hubbard model [7] which predicts the retention of local moments above T C together with a collapse of the exchange splitting. However, despite a large body of experimental data, a complete description of the finite temperature magnetism remains controversial, with some recent results on Ni supporting a Stoner-like behavior [8], fluctuating band theory [9], or suggesting even more complex behavior [10]. And as far as the electronic structure is concerned, most of this discussion can be reduced to the question as to whether or not the atomic Hund's rule correlations have survived the strong band formation. Such local exchange interactions, together with the suppression of charge fluctuations due to Coulomb interactions, may not account only for the failure of mean-field theories to calculate T C properly, but, more important, may also give a plausible explanation for the retention of local moments and short-range magnetic order above T C in late transition metals [11].To provide a better insight in these phenomena, we have investigated the local electronic structure of Ni and its temperature dependence, with special emphasis on the spin polarization of the atomiclike 3d orbitals. For this we have used the spin-resolved circularly polarized 2p ͑L 3 ͒ resonant photoemission technique, a newly developed spectroscopic tool with the unique property that it is capable of measuring the local 3d spin polarization independent of the orientation of the local moment, which is a necessary condition to study local moments above T C . We have been able to observe a strong spin polarization in the valence band of Ni, not only below but also above T ...