EconomyUS jobs revision turns July’s 21,000 gain into a 10,000 loss
The Bureau of Labor Statistics cut July and August payroll gains by a combined 60,000 jobs, revising July from a 21,000 increase to a 10,000 decline and August from 162,000 to 133,000. The softer labor data offers less support for another Federal Reserve hike and could ease pressure on Bitcoin, although inflation remains above the Fed’s 2% target.
US jobs revision turns July’s 21,000 gain into a 10,000 loss
Economy