US Job Growth Significantly Overestimated, Revised Down by Nearly a Million
TL;DR Summary
The U.S. labor market data has been revised downward, showing that nearly a million fewer jobs were added in 2024 and early 2025 than previously reported, indicating a potentially weaker economy than initially thought.
- Job Growth Revised Down by Nearly a Million, Updated BLS Data Shows The New York Times
- BLS revision shows hiring was overstated by 911,000 jobs in past year NPR
- Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized CNBC
- Stock Market Today: Nasdaq, S&P 500 Move Higher Ahead of Jobs Revisions — Live Updates The Wall Street Journal
- US job growth through March was significantly weaker than previously thought CNN
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