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The Bureau of Labor Statistics revises its jobs reports often to bring a cloudy picture into better focus. ... The economy added 818,000 fewer jobs than estimated, a downward revision of nearly 30 ...
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.
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to ... Wednesday's update from the Bureau of Labor Statistics was ...
The jobs revision is in the middle range of Goldman Sachs' 600,000 to 1 million estimate, and it represents the biggest downward revision since 2009, when the BLS revised employment growth lower ...
The jobs numbers are reported as part of the "Monthly Employment Situation Report" from the Bureau of Labor Statistics.The widely publicized "job creation" number is a net figure, computed as jobs created less jobs lost during the survey month.
The Labor Department estimated that job growth averaged 174,000 a month in the year that ended in March — a drop of 68,000 a month from the 242,000 that were initially reported. The revisions ...
The Bureau of Labor was established within the Department of the Interior on June 27, 1884, to collect information about employment and labor. Its creation under the Bureau of Labor Act (23 Stat. 60) stemmed from the findings of U.S. Senator Henry W. Blair's "Labor and Capital Hearings", which examined labor issues and working conditions in the U.S. [6] Statistician Carroll D. Wright became ...
The board issues final agency decisions for the Secretary of Labor in cases arising under a wide range of labor laws, primarily involving environmental, transportation and securities whistleblower protection; immigration; child labor; employment discrimination; job training; seasonal and migrant workers and federal construction and service ...
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