As of March 2024, the US economy had 818,000 fewer jobs than initially reported, suggesting the job market might have been slowing down earlier than thought.
The Bureau of Labor Statistics updates job data yearly, with final revised numbers due early next year.
The report revealed the largest job cuts were in the professional and business services sector, with 358,000 fewer jobs than originally reported.
The leisure and hospitality sector saw a 150,000 reduction.
The number of monthly job additions was revised down from 242,000 to 174,000 for the period in question.
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