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The number of non-farm payrolls in the United States may have been revised down sharply in the past year, and the worst is expected to be revised down 1 million
Preliminary benchmark revisions released by the administration on Wednesday are expected to show that non-farm payrolls grew by at least 600,000 weaker than current estimates in the year to March, equivalent to about 50,000 a month. JPMorgan forecasters put the downgrade at about 360,000, while Goldman Sachs said it could reach as high as 1 million.
2024-08-20 18:13:42
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