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WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday.
800-290-4726 more ways to reach us. Sign in. Mail. ... The economy added 818,000 fewer jobs than estimated, a downward revision of nearly 30 percent. ... They are expecting 120,000 new jobs, less ...
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: ... U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy.
In the revisions, new professional and business services jobs — a broad category that includes managers and technical workers — were reduced by 358,000 in the 12 months that ended in March. Leisure and hospitality employers — including hotels and restaurants — added 150,000 fewer than first reported. 08/21/2024 13:45 -0400
Wednesday's release shows the US labor market added fewer jobs than initially reported in the 12-month period ending in March 2024 but economists are wary about reading too much into the release.
The federal government routinely revises economic data, but it rarely makes a correction as large as it did on Wednesday, when the Bureau of Labor Statistics reported America’s economy created ...
That means the US economy added 2.1 million new jobs from April 2023 through March 2024, below the initially reported 2.9 million jobs, and that the average monthly payroll gain during this period ...
The U.S. economy added 818,000 fewer jobs than previously reported between March 2023 and March 2024, the Bureau of Labor Statistics revealed Wednesday. Still, despite the ugly data, which led to ...