U.S. Added 79,000 Fewer Jobs in 12 Months Through March, BLS Says
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5 Articles
U.S. added 79,000 fewer jobs in 12 months through March, BLS says
Aug 28 (Reuters) - The U.S. economy likely created 79,000 fewer jobs in the 12 months through March than previously estimated, the government said on Friday. The preliminary annual benchmark revision estimate to the closely watched payrolls data ...
Payroll jobs estimate likely to be revised down by 79,000
The federal government’s estimate of the total number of payroll jobs is likely to be revised down by 79,000, the Bureau of Labor Statistics said Friday. The update, a preliminary notice of forthcoming revisions to the jobs numbers, means that the labor market has been weaker than thought. That is a blow to President Donald Trump, whose economic approval ratings have plummeted in recent months thanks to high inflation, which has been accompanied…
The preliminary reference review of the BLS indicates that the level of non-agricultural employment in the United States until March 2025 was 898,000 jobs lower than previously estimated, an adjustment equivalent to 0.6% that reinforces doubts about the strength of the labor market. The data comes after an unexpected fall in employment in July and amid factors such as corporate caution, artificial intelligence, retirements and migration measures…
The US economy probably created 79,000 fewer jobs in the 12 months until March than previously estimated, the government reported this Friday.
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