The Bureau of Labor Statistics said that 818,000 fewer jobs were created in the 12 months span between April of last year and March of this year.
Heartbroken grandma opens up after daughter allegedly kills grandson in drugged-out, wrong-way LI crashin 15 years this week — and botched the release in the process, sowing chaos across the stock and bond markets.The report, which said that 818,000 fewer jobs were created in the 12 months through March of this year, came out more than half an hour late.
It took BLS more than 30 minutes for it to release the report, but by that time rumors were flying around the street about the precise numbers of jobs lost.Ex-Peloton CEO John Foley gets real about company crash — and his unexpected venture into home decorAndrew Brenner, head of international fixed income at NatAllianceSecurities, sent a mass email to clients saying that the downward revised number was actually 676,000 — a figure he had heard from an analyst on CNBC.
“It’s just atrocius,” Glen Capelo, managing director at Mischler Financial Group, told Bloomberg News when asked about the botched release of the report.Between April of last year and March of this year, the US economy created 818,000 fewer jobs than what was initially claimed, according to the report.“The fact that this was a number that had been talked about, they knew it was important and then to flub it like this,” said Capelo.
In May, the agency inadvertently published inflation figures 30 minutes prior to its scheduled 8:30 a.m. Eastern time release.
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