International Economic

US nonfarm payrolls revised down by 818,000

By Iain Gilbert

Date: Wednesday 21 Aug 2024

(Sharecast News) - The US economy created 818,000 fewer jobs than originally reported throughout the 12 months ended 31 March, according to the Labor Department's preliminary annual benchmark revision.
The Bureau of Labor Statistics stated annual job growth was nearly 30% less than the 2.9m initially reported for the period and...

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