Source: San Diego Union-Tribune
“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 nation’s economy. Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. 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 2026. … The report comes after the department reported Friday that the economy generated just 22,000 jobs in August, adding to fears that President Donald Trump’s erratic economic policies, including massive and unpredictable taxes on imports, have created so much uncertainty that businesses are reluctant to hire.” (09/09/25)
https://www.sandiegouniontribune.com/2025/09/09/jobs-data-weaker-2024-2025/