US employment growth in the year to March 2026 was weaker than initially estimated, with the US bureau of labour Statistics (BLS) putting the preliminary downward adjustment to total nonfarm employment at 79,000, or 0.1 per cent.

Government data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Job growth has been slowing for two…

The preliminary benchmark revision suggests average job growth in the year through March 2026, was closer to 11,000 a month instead of the 17,500 reported previously.