U.S. Job Market Slows Down
This is a news story, published by CBS News, that relates primarily to the Federal Reserve's news.
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labor market dataCBS News
•The labor market added 818,000 fewer jobs than earlier reported. Here's what experts say that means.
85% Informative
Job growth averaged 174,000 a month in the year that ended in March .
The downward revision adds evidence of a slowing labor market, economists say.
It could reinforce the Federal Reserve's plan to start cutting interest rates soon, they say.
The biggest downward revisions were the professional services and hospitality industries.
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