Economy created 911,000 fewer jobs in 2024-25 than reported. It’s more ammo for Fed rate cut.
1. Labor market weakened; 911,000 fewer jobs created than previously reported. 2. New job figures may influence Federal Reserve's interest rate decisions. 3. Recent employment data shows significantly lower job creation rates. 4. Economic uncertainty and trade wars impacting business hiring decisions. 5. Historical revisions highlight fluctuating employment data accuracy and effects.