Tag: overstated

BLS revision shows hiring was overstated by 911,000 jobs in past year
By Scott Horsley , Maria Aspan , Danielle Kurtzleben U.S. employers are adding far fewer jobs than initially tallied, in the latest sign that the labor market may be weaker than expected, according to a preliminary report from the Labor Department on Tuesday. The report from the Bureau of Labor Statistics shows hiring for the…