Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized
1. Labor Department report shows significant downward job revisions, total drop of 911,000. 2. Revisions increased concerns about economic health and labor market weakness. 3. Average job growth reflects a decline of 76,000 less than initially reported. 4. Labor market signs suggest possible Federal Reserve interest rate cuts ahead. 5. Political and economic implications could considerably impact market sentiment.