U.S. Nonfarm Payrolls for May and June Revised Down by a Total of 258,000

According to a report by Jinse Finance, the U.S. Bureau of Labor Statistics revised the number of non-farm payroll jobs added in May from 144,000 to 19,000, and in June from 147,000 to 14,000. After these revisions, the combined number of new jobs added in May and June is 258,000 lower than previously reported.