U.S. Jobs Market Revision

Revised government data shows that the U.S. economy added 818,000 fewer jobs than previously estimated from spring 2023 to spring 2024, indicating the labor market was not as strong as believed. The revision undercuts claims by Kamala Harris about the strength of the job market.

U.S. Jobs Market Stability

The U.S. jobs market has shown an unusual level of stability in first-time claims for unemployment benefits, with figures remaining at 212,000 for five out of six weeks. Experts are divided on whether this consistency is due to statistical anomalies or effective seasonal adjustments.