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Preliminary information launched in August indicated that employers added about 25,000 fewer jobs per thirty days in late 2022 and early 2023 than initially believed. That wouldn’t be enough to change the elemental image of a labor market that’s steadily slowing but proving surprisingly resilient. The Labor Department on Friday will revise its estimate of job growth in 2022 and 2023, a half of an annual process by which month-to-month estimates are reconciled with information collected by state agencies that is extra accurate however much less well timed. The central bank’s coverage rate is now set at 5.25 to 5.5 %, a level excessive sufficient that economists suppose it’s going to cool the financial system as it trickles by way of monetary markets and weighs on mortgage, bank card and enterprise borrowing. The payroll estimates that the Labor Department releases each month — together with the surprisingly strong January report …