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The preliminary benchmark correction data released by the US government on Wednesday is expected to show that in the year ending in March, the growth rate of non farm employment in the United States is at least 600000 people weaker than the current valuation, equivalent to approximately 50000 people per month. Morgan Stanley's forecasters believe that the downward revision is about 360000, while Goldman Sachs suggests that it could reach up to 1 million people. If the number of employed people decreases by more than 501000, it will be the largest scale in 15 years, indicating that the cooling of the labor market will take longer than originally thought and the magnitude of the cooling may also be greater. @seunghhh @rwx
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