美国劳动力市场放缓到什么程度？紧盯周三非农报告，意义重大，信息量密集

Group 1 - The upcoming U.S. employment report is significant and expected to reveal the extent of the slowdown in the labor market, with predictions of a non-farm payroll increase of 69,000 jobs and an unemployment rate holding steady at 4.4% [1][2] - The report will include a notable revision of employment data, with an initial estimate suggesting a downward adjustment of 911,000 jobs for the year ending March 2025, indicating a substantial reduction in hiring speed [1][2] - The annual benchmark revision is deemed more critical this year, as the labor market appears to be at a tipping point between job creation and potential job losses [1][2] Group 2 - The Bureau of Labor Statistics (BLS) will align non-farm employment data with more accurate but less timely data from the Quarterly Census of Employment and Wages, which is based on state unemployment insurance tax records [2] - The revisions will reflect updates to the model used by BLS, incorporating business openings and closures, as well as new seasonal adjustment factors, suggesting that the slowdown in hiring may be more severe than previously anticipated [2] - Recent data indicates that announced layoffs by U.S. companies reached the highest level for any January since the worst periods of the Great Recession, while job openings fell to the lowest point since 2020 [2][3]