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Labor Dept. Reports It May Have Overestimated Jobs Growth By 818,000 During Year Ended March 2024

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There was a bit of a government data reporting brouhaha last week. The US Dept. of Labor said it may have overestimated jobs growth during the year ended March 2024 by 818,000. Political and economic commentators, including the Trump-Vance campaign, jumped on the revision, accusing the Biden administration of goosing the jobs numbers for political…

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