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In August, the Labor Department announced that it had overstated the number of jobs added to the U.S. economy from March 2023 to March 2024 —and by quite a bit. The economy added 818,000 fewer ...
Leisure & hospitality saw the second-largest downward revision of 150,000. The report moves down the monthly job additions seen in the US economy over the time period to 174,000 from 242,000 ...
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to recent concerns that the economy has been slowing.
The department's estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000. The revision represented a total downward change of about 0.5% and means ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. The final jobs report for 2024 lands Friday. Here ...
The labor market started 2024 on a high note. The US economy created 353,000 nonfarm payroll jobs in January, according to new data from the Bureau of Labor Statistics released Friday, more than ...
The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.
The July jobs report showed hiring continues to slow in the US economy, with 187,000 jobs created last month while the unemployment fell to 3.5% and wages rose faster than expected.