Home Business BLS revision shows annual hiring was overstated by 911,000 jobs

BLS revision shows annual hiring was overstated by 911,000 jobs

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Hiring was slower in the year ending in March than initially reported, according to a preliminary revision from the Labor Department on Tuesday. The update is part of a routine process of incorporating more complete, but less timely, data.

The U.S. likely added 900,000 fewer jobs in the 12 months ending in March than had been reported, according to a preliminary Labor Department report.

(Image credit: Joe Raedle)

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