Home Business U.S. Employers Added 911,000 Fewer Jobs Than First Reported, New BLS Data...

U.S. Employers Added 911,000 Fewer Jobs Than First Reported, New BLS Data Shows

https://www.vecteezy.com/photo/11038121-help-wanted-sign

The U.S. labor market was much weaker during much of 2024 and early 2025 than data initially showed, a new government report indicated Tuesday — adding more uncertainty into the economy and fueling a raging debate over the figures that analysts use to understand it.

In the largest preliminary revision to jobs data on record, the Bureau of Labor Statistics said employers had created 911,000 fewer positions from April 2024 to March 2025 than previously reported. That’s less than half as many as the agency had initially indicated. The data will be revised again and finalized early next year.

The revision adds more evidence that the economy was already slowing even before President Donald Trump’s sweeping new tariffs and immigration policies squeezed costs for many businesses.

Continue reading

Faith Based Events

Disclaimer

The information contained in South Florida Reporter is for general information purposes only.
The South Florida Reporter assumes no responsibility for errors or omissions in the contents of the Service.
In no event shall the South Florida Reporter be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service. The Company reserves the right to make additions, deletions, or modifications to the contents of the Service at any time without prior notice.
The Company does not warrant that the Service is free of viruses or other harmful components


Join Our Newsletter

Sign up to receive news right to your inbox every day

Close