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US job growth revised down by 911,000 in year through March

  • The Bureau of Labor Statistics revised the U.S. job growth down by 911,000 jobs for the year ending in March, marking the largest adjustment since 2000.
  • This revision reduces the average monthly job growth from 147,000 to just 70,000 jobs.
  • Industries such as leisure and hospitality saw significant losses, with 176,000 jobs cut.
  • Economists are concerned that the weakening labor market may complicate decisions by the Federal Reserve regarding interest rates.
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Washington, United States. The U.S. Department of Labor drastically revised down the employment figures created between April 1, 2024 and March 31, 2025, a data that led the White House to call again for an interest rate cut from the Federal Reserve.According to the Bureau of Labor Statistics (BLS), U.S. companies created 911,000 jobs less than was initially reported, representing a fall revision of 0.6 percent for the entire fiscal year 2024-20…

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channelchek.com broke the news in on Tuesday, September 9, 2025.
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