(Worthy Insights) – U.S. job growth in the year through March was much weaker than previously reported, according to Bureau of Labor Statistics (BLS) revisions released on Tuesday.
The U.S. economy likely added 911,000 fewer jobs in the year ending in March — or an average of almost 76,000 fewer each month — according to the BLS’ preliminary benchmark revision. The report comes after job growth slowed in August, with the U.S. economy adding just 22,000 nonfarm payroll jobs, according to data released Friday by BLS. [ Source (Read More…) ]
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