BLS revision shows hiring was overstated by 911,000 jobs in past year

Hiring was slower in the year ending in March than initially reported, according to a preliminary revision from the Labor Department Tuesday. The update is part of a routine process of incorporating more complete, but less timely data.

The U.S. likely added 900,000 fewer jobs in the twelve months ending in March than had been reported, according to a preliminary Labor Department report.

(Image credit: Joe Raedle)