The Associated Press WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the Federal Reserve’s plan to start cutting interest rates soon. […]


<div class="paywall-container">
<div class="textbox">
<h4 style="padding: 0 0 20px"> <a href="https://checkout.bostonherald.com/?&amp;g2i_or_o=Internet&amp;g2i_or_p=mg2pw20&amp;g2i_source=MD&amp;g2i_medium=sspw&amp;g2i_campaign=MG2PW20-sspw&amp;returnUrl=https3A2F2Fwww.bostonherald.com2F">Subscribe</a> to continue reading this article.</h4>
<h4> Already subscribed? <a href="/2024/08/21/government-us-economy-added-818000-fewer-jobs-than-first-reported-in-year-that-ended-in-march//login?&amp;returnUrl=https%3A%2F%2Fwww.bostonherald.com%2F2024%2F08%2F21%2Fgovernment-us-economy-added-818000-fewer-jobs-than-first-reported-in-year-that-ended-in-march%2F">To login in, click here.</a></h4>
</div>
</div>


Originally Published: <time datetime="2024-08-21 11:23:29">August 21, 2024 at 11:23 a.m.</time>

The Associated Press WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday. The revi…{ai:summary}<p>The job market's been whispering a tune of retreat, with the U.S. economy shedding 818,000 jobs from previously reported numbers. It’s a slow dance leading the Federal Reserve to consider cutting interest rates soon.</p><p>The figures paint a bleak picture, tipping the scales of economic confidence. #economy</p>

Government: US economy added 818,000 fewer jobs than first reported in year that ended in March

Subscribe to continue reading this article.

Already subscribed? To login in, click here.

Loading...