History of U.S. August job growth revisions could muddy Fed rate hike calculus

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History of U.S. August job growth revisions could muddy Fed rate hike calculus

History of U.S. August job growth revisions could muddy Fed rate hike calculus
WASHINGTON (Reuters) - The U.S. government has initially underestimated job growth for almost every August over the last decade, a trend that could make it harder for the Federal Reserve to decide if an upcoming employment report will signal America is ready for a rate hike.

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