The US economy just saw a big downward revision in jobs added over the last year. Why investors shouldn't sweat it.
Wall Street isn't sweating the big downward revision in nonfarm payrolls.
Mark Lennihan/Associated Press
- The US economy added 818,000 fewer jobs than initially reported from April 2023 to March 2024.
- The revision may figure into the Fed's thinking on rate cuts.
- Investors need not be concerned about the downward employment revision, market pros say.
The US economy added 818,000 fewer jobs to the economy than initially reported from April 2023 through March 2024.
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