The number of non-farm jobs in the United States has dropped by 911,000, and the pressure on the Federal Reserve to cut interest rates has increased

According to ChainCatcher, according to the preliminary results of the annual benchmark revision released by the U.S. government on Tuesday, the number of non-farm employment in the U.S. is expected to be lowered by 911,000 in the 12 months to March this year, which is equivalent to an average monthly decrease of nearly 76,000. The final data will be released early next year. The adjustment shows that the recent slowdown in the labor market may lay the foundation for the Fed's rate cut, and traders generally expect the Fed to announce a rate cut at its next meeting.