November, December Job Growth 17,000 Lower Than Previously Reported

Core Insights - The U.S. Bureau of Labor Statistics revised down the job growth estimates for November and December by a total of 17,000 jobs [1] - December's nonfarm payroll employment was adjusted down by 2,000 jobs, changing the initially reported 50,000 jobs added to 48,000 [1] - November's job growth was revised down by 15,000, resulting in a total of 41,000 jobs added [1] Employment Data - Total nonfarm payroll employment for December was reported at 48,000 after revision [1] - November's payroll growth was adjusted to 41,000 jobs added [1] - The combined downward revision for both months amounts to 17,000 jobs [1]