Job Gains Were Over­stat­ed By 818,000 The Past Year, Bureau Of Labor Sta­tis­tics Reports, Largest Down­ward Revi­sion Since 2009 Great Reces­sion

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Job Gains Were Overstated By 818,000 The Past Year, Bureau Of Labor Statistics Reports, Largest Downward Revision Since 2009 Great Recession

Don’t look now, but labor mar­kets might be much weak­er than pre­vi­ous­ly thought — and that could be bad news for Vice Pres­i­dent Kamala Har­ris’ 2024 elec­tion bid against for­mer Pres­i­dent Don­ald Trump.

The Bureau of Labor Sta­tis­tics (BLS) pub­lished its pre­lim­i­nary annu­al revi­sion to its month­ly estab­lish­ment sur­vey of employ­ers, find­ing that report­ed job growth as of the 12 months pri­or to March 2024 had been over­stat­ed by 818,000 over that …