US Created 911,000 Fewer Jobs Than Previously Thought in the 12 Months Through March

U.S. jobs growth was much slower than previously reported, according to revised data released on Tuesday. From a report: The number of jobs created in the United States from April 2024 to March 2025 was revised down by 911,000 by the Bureau of Labor Statistics. That would roughly amount to 76,000 fewer jobs created each month of the year up until March. The revision draws fresh attention to the weakening U.S. labor market, which added an average of only 29,000 jobs in each of the three most recent months.

The August jobs report showed that the U.S. added only 22,000 jobs that month and also revised June's job growth down to a loss of 13,000 jobs. Those datapoints have led economists and some policymakers to conclude that the U.S. labor market is now at a standstill. 'The jobs engine that has been integral to U.S. economic growth defying expectations for the past four years is stalling,' Sarah House, a senior economist at Wells Fargo, said in a note on Friday.

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