Job growth for the 12-months ending in March 2024 was 818,000 lower than previously reported, according to a government report. The strong U.S. jobs market through 2023 and early 2024 was a bit less strong than thought, providing a very brief, very modest bump to the sluggish price action in bitcoin (BTC) during mid-morning U.S. trading. According to the latest revisions by the Bureau of Labor Statistics, the U.S. added 818,000 less jobs than previously thought for the period from March 2023 to March 2024. That means jobs growth for that one year period of 2.1 million versus prior reports of 2.9 million, or average monthly growth of 174,000 against the previous 242,000. A very top level interpretation of the data: a weaker than thought economy leads to easier than expected Federal Reserve
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