Finance

Dimon Says US Economy Is Weakening After Record BLS Revision

Jamie Dimon

Photographer: Al Drago/Bloomberg

Jamie Dimon said the Bureau of Labor Statistics’ record revision to US payrolls data is further proof that the US economy is battling a slowdown.

“The economy is weakening,” the JPMorgan Chase & Co. chief executive officer said in an interview with CNBC Tuesday. “Whether that is on the way to recession or just weakening, I don’t know.”