Nearly a Million Jobs Expected to Disappear from Labor Statistics

Reported 1 day ago

The Bureau of Labor Statistics is set to revise its job growth estimates downward, with forecasts indicating a loss of 475,000 to 900,000 jobs from the previously reported 1.76 million. This revision, part of a routine annual process, has sparked controversy following accusations from President Trump regarding the accuracy of the data. Economists anticipate that this adjustment will reflect a declining trend in job growth, influenced by factors like increased tariffs and political concerns about the BLS's integrity.

Source: YAHOO

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