Revisions in Jobs Report Show a Slower Jobs Market Than Portrayed by White House

You always have to look at revisions, which gives you a better look at previous months.

The February and March jobs report are not as good as they seemed at release time. We lost AROUND 150,000 jobs with the revision: The change in total nonfarm payroll employment for February was revised down by 78,000, from +326,000 to +248,000, and the change for March was revised down by 71,000, from +236,000 to +165,000. With these revisions, employment in February and March combined is 149,000 lower than previously reported. CASONE: “I went through and looked at the revisions, they are stunning. He said it, I want to say it again here. There’s 149,000 jobs that disappeared between February and March.

Fox Business: “I went through and looked at the revisions, they are stunning…there’s 149,000 jobs that disappeared between February and March.”

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Job market held strong in April, providing little relief to Bank of CanadaAverage wage growth remained above 5% for yet another month, according to Statistics Canada From m_zadikian
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »