Labor Department issues revised figures for 2023 that point to greater economic fragility
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The U.S. Bureau of Labor Statistics revised job growth figures for 2023 downward by 818,000, marking the largest revision since 2009; the average annual update in the last decade was about 173,000 jobs, making this revision 373% higher; President Joe Biden's economic policies are criticized as ineffective; Former President Donald Trump accused the Biden-Harris administration of manipulating job statistics; the revision indicates that job growth was likely around 174,000 jobs per month instead of the reported 242,000; concerns arise that the Federal Reserve may have delayed necessary interest rate cuts; the final job numbers will be confirmed in February 2025.

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https://dallasexpress.com/business-markets/u-s-job-market-gets-biggest-markdown-since-2009/