The U.S. Bureau of Labor Statistics revised nonfarm payroll data for July and August lower. July payroll growth was cut from 21,000 to -10,000, while August payroll growth was revised from 162,000 to 133,000. After the revisions, the combined increase in nonfarm employment for the two months was 60,000 lower than previously reported. The update was cited by Odaily, referencing Jin10.
Odaily reported that data from the U.S. Bureau of Labor Statistics showed July nonfarm payrolls were revised from 21,000 to -10,000, while August nonfarm payrolls were revised from 162,000 to 133,000.
After the revisions, the combined increase in nonfarm employment for July and August was 60,000 lower than previously reported.
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