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.
The US labor market's job growth has been significantly revised downward by 911,000 jobs through March 2025, indicating a weaker economy than previously thought, which could influence Federal Reserve interest rate decisions.
The Bureau of Labor Statistics is set to release revised U.S. job figures that are expected to show significantly fewer job gains than initially reported, potentially indicating a weakening labor market and impacting Federal Reserve policy decisions.
The Bureau of Labor Statistics releases monthly jobs reports that significantly influence global markets, Federal Reserve decisions, and personal finances in the U.S., with recent reports showing larger-than-normal revisions, highlighting the importance of these data for economic understanding.
The Bureau of Labor Statistics releases monthly jobs reports that significantly influence global markets, Federal Reserve decisions, and personal finances in the U.S., with recent reports showing larger-than-normal revisions in employment data, highlighting the importance of these reports in economic analysis.
The Bureau of Labor Statistics releases monthly jobs reports that significantly influence global markets, Federal Reserve decisions, and personal finances in the U.S., with recent reports showing larger-than-normal revisions, highlighting the importance of these data for economic understanding.
Branden Jacobs-Jenkins's Tony-nominated play 'Purpose' underwent extensive revisions during its Broadway preview, with the cast describing the process as a 'juggling act' and 'family therapy,' highlighting the collaborative and evolving nature of theater production, especially in refining character arcs and scenes.
The Producer Price Index (PPI) has seen significant upward revisions, particularly in the services sector, which constitutes 67% of the PPI. This has led to a notable acceleration in inflation, with the overall PPI for final demand rising by 3.0% year-over-year in November, the fastest since February 2023. Core PPI, excluding food and energy, also accelerated to 3.4% year-over-year. The revisions highlight that inflation in services has been much higher than previously reported, while goods prices are also re-accelerating.
The Commerce Department significantly revised March durable goods orders from +2.6% to +0.8%, and April saw a 0.7% increase, driven mainly by transportation equipment. Despite these gains, inflation-adjusted data shows that real new orders and shipments are declining, indicating potential economic weakness. Consistent negative revisions in economic data, including new home sales and job reports, suggest a possible recession.
The College Board has released an updated framework for its new Advanced Placement African American Studies course, addressing previous criticism and adding more material on topics such as the Tulsa Race Massacre and redlining. The course, which gained attention earlier this year when Florida Governor Ron DeSantis threatened to ban it, will officially launch next academic year. The revisions include the inclusion of works on feminism and intersectionality, as well as the addition of Black female writers. The College Board faced criticism for removing certain topics from the exam, but the latest changes aim to provide a comprehensive and unflinching encounter with the subject matter.
Steven Spielberg, one of Hollywood's most powerful filmmakers, has condemned all alterations to artwork, calling them "censorship." He believes that no film should be revised based on contemporary sensibilities, as movies are a signpost of where we were when we made them and what the world was like. Spielberg also stated that cultural heritage should not be censored, and that it is troubling how easily history can be rewritten with digitally distributed works.
The College Board has announced that it will revise its controversial Advanced Placement course in African American studies, which has faced criticism from both the left and the right. The course has been accused of promoting a political agenda and lacking educational value. The College Board has not specified what changes will be made, but has pledged to ensure that all students have access to the full breadth and beauty of the discipline. The course is currently being taught in about 60 high schools and is expected to launch nationwide in fall 2024.
HarperCollins will publish new editions of some of Agatha Christie's novels with potentially offensive language removed or revised at the suggestion of sensitivity readers. The changes involve removing references to ethnicity and terms including "Gypsy," "Oriental," "Nubian," "natives," and the N-word. Some edits are more subtle, and the move is likely to prove controversial, as was the case with similar changes made to books by Ian Fleming and Roald Dahl.