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Aug 20, 2024 · At RBC Capital Markets, economists are expecting Wednesday's revision to reflect a downward adjustment of 525,000 over the 12-month period that ended in March, which is less than most estimates.
At RBC Capital Markets, economists are expecting Wednesday’s revision to reflect a downward adjustment of 525,000 over the 12-month period that ended in March, which is less than most estimates.
Aug 22, 2024 · If there was any doubt that the central bank would start to cut rates at the September FOMC, Wednesday's large downward revision to 2023's jobs numbers sealed that outcome.
Aug 21, 2024 · Wednesday’s preliminary downward revision was expected, economists say, noting the lagged but far more accurate Quarterly Census of Employment and Wages, or QCEW, has shown a slower pace of job...
- 1 min
Aug 21, 2024 · The downward revision comes with the strength of the U.S. labor market in full focus after the unemployment rate rose last month to its highest level since Oct. 2021.
- Derek Saul
Aug 20, 2024 · Bond-market participants are bracing for what could be a busy period of trading beginning Wednesday morning, pending a sizable downward adjustment in the government’s annual payrolls figure.
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Will Wednesday's revision reflect a downward adjustment?
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Will the Bureau of Labor Statistics release payroll revisions data?
Aug 21, 2024 · A big revision on Wednesday, followed by a lackluster report on Sept. 6 could add to the calls for an aggressive cut — and reignite a political debate. (Donald Trump has warned the Fed not to...