this post was submitted on 02 Oct 2026
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Economics

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Another month of poor job growth; headline number is +29,000. But again significant downward revisions to prior months:

The change in total nonfarm payroll employment for July was revised down by 31,000, from +21,000 to -10,000, and the change for August was revised down by 29,000, from +162,000 to +133,000. With these revisions, employment in July and August combined is 60,000 lower than previously reported.

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