The US job market isn’t as strong as we thought.
Yahoo Finance·2025-09-10 15:07
The US jobs market just got another reality check. The labor department just said we had 911,000 fewer jobs between April 2024 and March 2025 than first reported. Now, this is just a preliminary estimate.However, it is one of the worst downward revisions that we've seen since the financial crisis. Now, these revisions don't reflect today's conditions. They go back around a year or so and use more comprehensive data points such as tax records as well as business openings and closings.However, if you combo th ...