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The Labor Department’s latest monthly report on hiring and unemployment will include revisions for previous months, providing a more accurate picture of the U.S. job market but potentially causing confusion due to differing data sources and methodologies. The revisions are part of an annual process to reconcile survey data with more reliable sources, with recent job growth expected to be revised down, making the job gains during the Biden administration appear weaker. Additionally, the revisions will help resolve discrepancies between employer and household surveys, showing that employment has been growing among both native-born and immigrant workers.
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