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The disappearance of 911,000 jobs is undoubtedly a blow to Biden’s economic legacy, which was already hurt by inflation hitting a 40-year high before returning to levels that were closer to normal.
Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...
The U.S. government said it overstated job growth by 911,000 in the year through March 2025, raising fresh doubts over the strength of the labor market and offering statistical proof that job growth ...
The federal government is poised to reveal that the US economy created as many as a million fewer jobs than previously thought in the 12-month period that stretched through the end of March. The ...
Investors were initially caught off guard Tuesday by a sweeping revision to U.S. employment data, after the Bureau of Labor Statistics removed 911,000 nonfarm payroll jobs from its count between April ...
The U.S. likely added 900,000 fewer jobs in the 12 months ending in March than had been reported, according to a preliminary ...
The Trump administration cast doubt on the integrity of the Bureau of Labor Statistics after it revised jobs data over the past year to show the U.S. economy added nearly 1 million fewer jobs than ...