How New Data Exposes Weaker Labor Market

We got two big data releases today. One, the Bureau of Labor Statistics told us that employers added around 900,000 jobs between March of 2024 and March of 2025. That's down more than half that from what we thought before.So, in a nutshell, what this tells us is that the job market's been way worse for way longer than we thought it was. And that kind of explains why people feel so bad about the economy. What's really noteworthy about this revision in the jobs numbers is that it's really a downward revision ...