The US jobs market in the year leading up to the spring was significantly weaker than previously thought — raising jitters about the overall health of the economy and all but sealing the case for the Federal Reserve to finally cut rates next week.

The Bureau of Labor Statistics on Tuesday revised downward the number of jobs created during the 12 months ended in March by a staggering 911,000 — the biggest downward adjustment since 2000, including last year’s monster markdown of 818,000 jobs.

Wall Street had expected a drop of 600,000 to 1 million jobs in the data. 4

Economists expect the numbers — which translate to just 70,000 jobs being created each month versus the 147,000 that had been reported — will look somewhat better when they’re finalized in February. Still, year’s revisio

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