US created 911,000 fewer jobs than thought in year to March

The US economy added 911,000 fewer jobs than previously estimated in the year ending in March, as per a Labor Department report. This revision indicates slower job growth and raises concerns about the state of the economy. With signs of a weakening job market and fears of inflation due to tariffs, the Federal Reserve is expected to lower benchmark interest rates in its upcoming meeting, reflecting a cautious stance towards economic conditions in the US.