Individuals line up exterior a newly reopened profession heart for in-person appointments in Louisville, Kentucky, U.S., April 15, 2021. REUTERS/Amira Karaoud/File picture
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WASHINGTON, Aug 24 (Reuters) – The U.S. economic system possible created 462,000 extra jobs within the 12 months by March than beforehand estimated, the Labor Division’s Bureau of Labor Statistics stated on Wednesday.
The studying is a preliminary estimate of the BLS’ annual “benchmark” revision to the carefully watched payrolls information. Every year, the BLS compares its nonfarm payrolls information, based mostly on month-to-month surveys of a pattern of employers, with a way more full database of unemployment insurance coverage tax information.
A last benchmark revision can be launched in February together with the BLS’ report on employment for January. Authorities statisticians will use the ultimate benchmark rely to revise payroll information for months each previous to and after March.
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Reporting by Lucia Mutikani; Enhancing by Chizu Nomiyama
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