US employment falls by 818,000 in latest government revision

The Labor Market HAS been cooling for longer than expected

Aug 21, 2024

∙ Paid

Want to know why the job search seems impossible? Yeah, they OVERESTIMATED jobs by 818,000.

The labor market has been cooling for a HECK of a lot longer. Last time a revision was this bad—2009.

Yeah, remember that year with the housing crisis? I do! It explains fully why 2024 has been a tough ride, and even 2023 because that’s when the sluggish market sta…

Keep reading with a 7-day free trial

Subscribe to The Job Chick's Insider Edge to keep reading this post and get 7 days of free access to the full post archives.