Wednesday, August 21, 2024

Cooking the books!-----US jobs growth in the last year could be revised down by ONE MILLION

US jobs growth in the last year could be revised down by ONE MILLION - refueling concerns the economy is headed for a downturn | This is Money - By Tilly Armstrong Assistant Consumer Editor For Dailymail.Com
  • As many as a million jobs could vanish from US jobs data in revised numbers released this week...
  • This could refuel concerns that the US economy is not as robust as it has appeared, and that the Federal Reserve is falling behind in its aim to lower interest rates...
  • A downward revision of more than 501,000 would be the largest in 15 years, Bloomberg reported, and would suggest the labor market has been cooling for longer than was originally thought...


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As many as a million jobs could vanish from US jobs data in revised numbers released this week, experts have warned

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