Reported about 8 hours ago
The Bureau of Labor Statistics has revised its jobs report, reducing the initially estimated job growth by 911,000 for the year ending in March 2025, significantly more than the expected 682,000 decrease. This revision indicates that the labor market and job growth were weaker than previously believed, raising concerns about the state of the economy as the Federal Reserve prepares for an upcoming meeting to discuss interest rates.
Source: YAHOO