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Jinse Finance reported that the U.S. government stated on Tuesday that in the 12 months ending this March, the number of new jobs added to the U.S. economy may be 911,000 less than previously estimated. This indicates that signs of stagnation in job growth had already appeared before Trump implemented tough tariffs on imported goods. Economists had previously expected that the Bureau of Labor Statistics (BLS), under the U.S. Department of Labor, might revise down employment levels from April 2024 to March 2025 by 400,000 to 1 million jobs. Previously, employment levels from April 2023 to March 2024 had already been revised down by 598,000 jobs. This benchmark revision follows another announcement made last Friday—that job growth in August was nearly stagnant, and June saw the first decrease in jobs in four and a half years. In addition to being dragged down by uncertainty in trade policy, the labor market is also under pressure from the White House's tightening of immigration policies, which has weakened the supply of labor. At the same time, companies are turning to artificial intelligence tools and automation, which is also suppressing demand for labor. Economists believe that the downward revision of job growth data has little impact on monetary policy. The Federal Reserve is expected to resume interest rate cuts next Wednesday, after pausing its easing cycle in January due to uncertainty caused by tariffs.

ChainCatcher news, according to Golden Ten Data, based on the preliminary results of the annual benchmark revision released by the U.S. government on Tuesday, non-farm employment in the United States is expected to be revised down by 911,000 people in the 12 months ending this March, equivalent to an average monthly decrease of nearly 76,000 people. The final data will be released early next year. This adjustment indicates that the recent slowdown in the labor market may lay the foundation for the Federal Reserve to cut interest rates, and traders generally expect the Fed to announce a rate cut at its next meeting.