Jobs Report Hit With Seriously Brutal Revision

For what was meant to be the Golden Age of America, it’s sure looking like a recession could be on the cards.The Bureau of Labor Statistics’ jobs report Friday found the U.S. added 178,000 jobs in March, surpassing expectations. But hidden in that good news was something else: The job losses in February were far worse than previously reported. Initially reported as a loss of 92,000 jobs, the labor market actually lost a total of 133,000 jobs that month.This update means that February represented...