There are more signs that employment growth in the United States has been slowed down by downgrading labour markets

On 28 August, employment growth in the United States was more moderate than previously published in the year ending March, highlighting the downward trend in the labour market, which prompted the Federal Reserve to continue to reduce interest rates by 2025 in the face of persistent inflation. According to the initial benchmark revision data published on Friday by the United States Bureau of Labor Statistics, the number of non-farm employment could be reduced by 79,000, or 0.1 per cent. The final data will be released early next year. Kim Xian