US Job Growth Overstated by 911,000 in 12 Months Ending March 2025

Downward revisions in the private sector totaled 880,000.
US Job Growth Overstated by 911,000 in 12 Months Ending March 2025
A 'Now Hiring' sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times
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Employment growth was revised lower in the year that ended in March, indicating a weaker labor market that began before President Donald Trump’s trade agenda.

According to the Bureau of Labor Statistics’ national preliminary benchmark revision report, job growth was overstated by 911,000 in the year that ended in March, representing a 37 percent decline from the initial estimate of approximately 2.4 million new jobs.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."