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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.
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.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 ... U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy ... The change means that roughly 2.1 million ...
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. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the Federal Reserve's plan to start cutting interest rates soon.
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 ...
The economy added 818,000 fewer jobs than estimated, a downward revision of nearly 30 percent. ... adding 462,000 jobs to the initial estimate. After the year is over, the BLS conducts a much ...
The US economy added 818,000 fewer jobs to the economy than initially reported from April 2023 through March 2024. The US economy just saw a big downward revision in jobs added over the past year ...
The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range for more than a year, having raised it by 525 basis points in 2022 and 2023 to quash high ...