US Economy Adds 818,000 Fewer Jobs Than Initially Reported: Urgency For Interest Rate Cuts Grows Further

Benzinga 2024-08-21

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The U.S. economy experienced a downward revision of 818,000 non-farm payrolls between April 2023 and March 2024, according to government data released Wednesday.

Markets now await minutes from the latest July Federal Open Market Committee meeting, scheduled for release at 2 p.m. ET.
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