URGENT: BLS Revision Reveals 911,000 Jobs Overstated in Past Year.

BREAKING NEWS The Bureau of Labor Statistics has released a preliminary revision, revealing that the number of jobs added to the US economy over the past year was overstated by an estimated 911,000. According to the report, hiring for the 12 months ending in March was slower than initially reported. This significant revision is part of a routine process of incorporating more complete data into the Labor Department's calculations. The revised numbers have immediate implications for the labor market and the economy as a whole. Economists had predicted a smaller revision, ranging from 550,000 to 950,000 jobs. The actual number is on the higher end of this range. This development comes at a critical time, with the US economy still recovering from the pandemic. The revised numbers may influence policymakers' decisions and shape expectations for future economic growth. The Labor Department will continue to refine its estimates as more data becomes available. This story is developing, and we will provide updates as more information becomes available. This is a developing story. Please check back for further updates. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Npr.*