The US Department of Labor sharply revised down annual nonfarm payroll growth by 911,000 jobs, revealing the labor market was weaker than previously reported and fueling expectations for Fed rate cuts.
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US Nonfarm Annual Employment Halved—Downward Revision of 911,000 Jobs (Comprehensive)
The US Department of Labor sharply revised down annual nonfarm payroll growth by 911,000 jobs, revealing the labor market was weaker than previously reported and fueling expectations for Fed rate cuts.