【Federal Reserve Governor Cook: Revisions to Non-Farm Employment Data May Signal a Turning Point for the U.S. Economy】Golden Finance reports that Federal Reserve Governor Lisa Cook described the July employment report as "concerning" and indicated that it may signal a turning point for the U.S. economy. Cook stated during a discussion organized by the Boston Fed on Wednesday, "These revisions are somewhat characteristic of a turning point." Last week's data showed a sharp cooling in the labor market over the past few months. According to a report released by the U.S. Bureau of Labor Statistics, non-farm employment increased by 73,000 in July, with data from the previous two months being significantly revised down by nearly 260,000. The unemployment rate rose slightly from 4.1% in June to 4.2%.