US has 501,000 fewer jobs than first reported
The U.S. job market isn’t quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.
The Labor Department said Wednesday that nearly two-thirds of the downward revision came from the retail and leisure and hospitality sectors, the industries most associated with consumer spending.
These preliminary revisions complicate the Trump administration’s message of a strong economy, as they sugg
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