New data shows the US job market was much weaker than thought in 2024, and this year as well
September 9, 2025
The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the U.S. economy. The Labor Department reported Tuesday that employers added 911,000 fewer jobs than originally reported in the year that ended in March 2025. The department issues the so-called benchmark revisions every year. They are intended to better account for new businesses and ones that had gone out of business. The numbers issued Tuesday are preliminary. Final revisions will come out in February.