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The Bureau of Labor Statistics announced a likely downward revision of 79,000 in the federal government's payroll jobs estimate. This update suggests a weaker labor market and will be part of the annual benchmark revision to be released in February. The number of private-sector jobs is also expected to be revised down by 178,000.
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The Bureau of Labor Statistics announced a likely downward revision of 79,000 in the federal government's payroll jobs estimate. This update suggests a weaker labor market and will be part of the annual benchmark revision to be released in February. The number of private-sector jobs is also expected to be revised down by 178,000.
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Payroll jobs estimate likely to be revised down by 79,000: Bureau of Labor Statistics
Bureau of Labor Statistics to Revise Payroll Jobs Estimate Down by 79,000