U.S. Job Growth Overstated by Nearly a Million, New Data Reveals
TL;DR Summary
New data from the Bureau of Labor Statistics shows that U.S. employers added 911,000 fewer jobs than initially reported, indicating a slower job growth than previously thought.
- U.S. employers added 911,000 fewer jobs than first reported, new BLS data shows The Washington Post
- Job Growth Revised Down by Nearly a Million, Updated BLS Data Shows The New York Times
- The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and 'AI is automating away tech jobs,' economist says Fortune
- BLS revision shows annual hiring was overstated by 911,000 jobs NPR
- ‘Behind the curve’: Pressure mounts for Fed rate cuts after massive employment revision Politico
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