#employment-revision

[ follow ]
Real estate
fromSFGATE
18 hours ago

Fed Under Pressure to Cut Rates after Jobs Data Revision-5 Key Takeaways

A Labor Department revision showing 911,000 fewer jobs is increasing pressure on the Federal Reserve to cut its benchmark interest rate.
US news
fromFortune
4 days ago

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

U.S. employment was revised down by 991,000 jobs year-over-year, revealing weaker hiring and large tech-sector losses tied to AI-driven automation.
[ Load more ]