All articles tagged with #bls revisions
The Bureau of Labor Statistics significantly revised down job growth projections through March 2025, sparking speculation about potential Federal Reserve rate cuts, with markets reacting cautiously amid upcoming inflation data and economic uncertainties.
The US IT job market has worsened after significant downward revisions to May and June employment data by the BLS, revealing a deeper sector slowdown with 26,500 jobs lost year-to-date in 2025. Despite some demand in AI-related roles, overall employment in tech is declining amid economic uncertainty and layoffs, with unemployment rates higher than the national average.