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.
155 Articles
155 Articles
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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In Largo, Maryland, Kamala Harris joined Joe Biden to discuss the administration’s plan to reduce the burgeoning drug prices faced by Americans. On the same day, a jobs report was presented with an unexpected revision by the Bureau of Labor Statistics. The revised report unveiled that, during the year ending in March, the number of jobs produced was short by nearly 911,000 than what was formerly reported, potentially affecting the economic momen…
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Labor market revisions show 911,000 fewer jobs than first reported
First came a sluggish jobs report showing only 22,000 new hires last week. Now, the Bureau of Labor Statistics has revised previous reports to reflect that the nation had 911,000 fewer jobs in March 2025 than it initially tallied, a reminder that early job numbers are just the first draft of the story. The unemployment rate has stayed at 4.8%, and layoffs remain limited, suggesting businesses are still maintaining staffing levels. Economists not…
Bureau of Labor and Statistics Announces 911,000 Fewer Jobs Created April '24 through March '25 - The Last Refuge
Treasury Secretary Scott Bessent noted, when you add the previous Biden revision of -577,000 to the current revision of -911,000 the Bureau of Labor and Statistics (BLS) had overreported Biden’s job growth by almost 1.5 million jobs. The BLS reports today [SEE DATA HERE] an annual revision of 911,000 fewer jobs that previously reported. These […] The post Bureau of Labor and Statistics Announces 911,000 Fewer Jobs Created April ’24 through Marc…
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