"US Government Data Reveals Shocking Potential Loss of 500,000 Jobs: Report"

The US Bureau of Labor Statistics is expected to release a revised report showing that payroll growth in the year through March was weaker than previously reported, with an estimated 500,000 jobs missing from the original figures. This could have implications for the Federal Reserve's decision on further interest rate hikes. JPMorgan economist Daniel Silver predicts that the revised average monthly rate of job growth would still be strong at around 300,000, but other analysts suggest the downward revision could be even worse. The revised data will be released in the Quarterly Census of Employment and Wages report on Wednesday.