The pressure for the Federal Reserve to cut interest rates has sharply increased! The growth of US employment has been significantly revised downwards, with an average monthly increase of about 76,000 jobs fewer.

According to the latest preliminary benchmark revision data released by the United States, the employment growth in the past year is far below previous expectations, further increasing the pressure on the Federal Reserve to cut interest rates in the near future. According to data released by the Bureau of Labor Statistics (BLS) on Tuesday, the nonfarm payroll employment for the 12 months leading up to March of this year will be revised downward by 911,000 people, equivalent to an average monthly increase of about 76,000 jobs fewer.