New US job market numbers weaker than expected as Fed eyes interest rate cut

The US created 818,000 fewer jobs than first calculated as the Federal Reserve hints at a rate cut

The US job market appears weaker than first thought, according to official figures released on Wednesday.

The US created 818,000 fewer jobs than first calculated in the 12 months to the end of March, a 0.5% decrease, according to the Bureau of Labor Statistics' quarterly census of employment and wages.