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White House says jobs revision proves Biden economy a 'disaster,' BLS is 'broken,' Powell was 'too late'
The latest Labor Department report showed that the U.S. economy created fewer jobs than had been initially reported in the year ending March 2025.
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huffpost.com
U.S. Job Growth Was Actually Weaker Than Previously Estimated, BLS Revision Shows
The level of employment for the 12 months through March 2024 was downgraded by 598,000 jobs.
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bbc.com
US job growth revisions signal economic weakness
The weaker-then-expected figure bolstered concerns about the health of the world's largest economy.
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cnbc.com
White House says jobs revision proves Biden economy a 'disaster,' BLS is 'broken,' Powell was 'too late'
The latest Labor Department report showed that the U.S. economy created fewer jobs than had been initially reported in the year ending March 2025.
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fortune.com
The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and it shows 'AI is automating away tech jobs,'…
"The revision shows the economy entered 2025 with less momentum than previously understood,” said Bill Adams, Chief Economist at Comerica Bank.
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CNBC Daily Open: Massive jobs revisions seem par for the course right now
Only Fed officials, and not the BLS commissioner, have the power to directly sway the U.S. labor market on a macroscopic level.