Bureau of Labor Statistics revises job growth downward by 818K
1 min read
The numbers suggest that the labor market cooled off much faster than was previously thought and is not in as strong a position as believed. The Federal Reserve now also has a case to make a bigger cut in interest rates than initially anticipated come September.
The numbers suggest that the labor market cooled off much faster than was previously thought and is not in as strong a position as believed. The Federal Reserve now also has a case to make a bigger cut in interest rates than initially anticipated come September. The numbers suggest that the labor market cooled off much faster than was previously thought and is not in as strong a position as believed. The Federal Reserve now also has a case to make a bigger cut in interest rates than initially anticipated come September.
