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2024

Roundup: U.S. job growth revised down by 818,000 over 12 months ending in March

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WASHINGTON, Aug. 21 (Xinhua) -- The U.S. Labor Department reported on Wednesday that monthly payroll data had overestimated job growth by approximately 818,000 over the 12 months ending in March, signaling a weaker labor market than previously reported.

The latest announcement indicates that employers actually added around 174,000 jobs per month during that time, instead of the previously reported average of abo