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The Guardian - US
The Guardian - US
Business
Dominic Rushe in New York

New US job market numbers weaker than expected as Fed eyes interest rate cut

United States US Federal Reserve Joe Biden the Federal Reserve Jerome Powell Interest Rates
a hiring sign is posted in a window
Joe Biden has received low marks from voters for his handling of the economy. Photograph: Nam Y Huh/AP

The US job market appears weaker than first thought, according to official figures released on Wednesday.

The US created 818,000 fewer jobs than first calculated in the 12 months to the end of March, a 0.5% decrease, according to the Bureau of Labor Statistics’ quarterly census of employment and wages.

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