US Economy Created 818,000 Fewer Jobs Than Previously Reported
It marks the largest downward revision since 2009.
=====
Nothing to see here. Just a clerical rounding error...
Think there'll be a press conference with the Harris/Biden administration boasting about "all the jobs they're creating" like they always did when the original FAKE jobs reports came out?
Folks... YOU ARE BEING SCAMMED BY BIDEN/HARRIS AND THE DEMOCRATS!
=====
The Labor Department released payroll data that provided a look at job creation in the year through March, which is much weaker than previously believed.
U. S. job growth during much of the past year was significantly weaker than previously reported, according to new data published Wednesday.
The Bureau of Labor Statistics revised down its total tally of jobs created in the year through March by 818,000 as part of its preliminary annual benchmark review of payroll data. That suggests the economy added an average of 174,000 jobs per month during that time period — below the previous 242,000 estimate. On a monthly basis, that amounts to about 68,000 fewer jobs.
"The labor market appears weaker than originally reported," said Jeffrey Roach, chief economist at LPL Financial. "A deteriorating labor market will allow the Fed to highlight both sides of the dual mandate and investors should expect the Fed to prepare markets for a cut at the September meeting."
https://www.foxbusiness.com/economy/us-economy-created-818000-fewer-jobs-than-previously-reported

Girl's Behavior
Guy's Behavior
Flirting
Dating
Relationships
Fashion & Beauty
Health & Fitness
Marriage & Weddings
Shopping & Gifts
Technology & Internet
Break Up & Divorce
Education & Career
Entertainment & Arts
Family & Friends
Food & Beverage
Hobbies & Leisure
Other
Religion & Spirituality
Society & Politics
Sports
Travel
Trending & News