Non-farm data revised to negative growth, labor market significantly deteriorated
ChainCatcher news, according to Jinshi reports, the non-farm employment growth in the United States continued to slow down in August, indicating a significant deterioration in the labor market.
The U.S. Bureau of Labor Statistics revised earlier data from the summer, stating that the net decrease in jobs in June was 13,000. This is the first decline of this kind since December 2020.
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