BlockBeats messages: On August 28, as of March, the year-over-year growth in U.S. employment was more moderate than previously reported, highlighting a downward trend in the labor market—prompting the Federal Reserve to still cut rates in 2025 despite persistent inflation.
According to preliminary benchmark revisions to jobs data released by the U.S. Bureau of Labor Statistics on Friday, nonfarm payroll employment could be revised downward by 79,000, a decrease of 0.1%. The final data will be published in early next year.
According to preliminary benchmark revisions to jobs data released by the U.S. Bureau of Labor Statistics on Friday, nonfarm payroll employment could be revised downward by 79,000, a decrease of 0.1%. The final data will be published in early next year.