- Revisions to monthly job gains have erased 330K job gains in the first seven months of the year.
- Total jobs added from January to July were revised down from 2.1M to 1.7M, a 16.1% decline.
- June had the highest revision from 209K to just 105K, a nearly 50% decline.
- Before revisions, nonfarm payroll employment rose by 187,000 in August and the unemployment rate rose to 3.8%.
- The Right Facts will continue to monitor jobs revisions.