US employers were estimated to have added 818,000 fewer jobs than initially reported for the 12-month period, meaning job growth in the world's biggest economy was lowered by around 68,000 per month.While this marks a significant decline, it was less dramatic than the loss of up to 1 million predicted by some economists and could be revised further.
cyclist rides past a “Now Hiring” sign posted on a business storefront in San Gabriel, California, on Aug. 21, 2024. US job gains for the past 12 months ending in March showed there were 818,000 fewer jobs than previously reported. AFP PHOTO'You're looking at something that is significantly cooler than previously but still positive and still relatively robust,' said EY chief economist Gregory Daco.