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Here's What Explains The Big Jobs Revision
Forbes· 2025-09-10 18:40
We know new business applications have been on the rise. What we don't know is how it impacts job creation. (Photo by Thomas A. Ferrara/Newsday RM via Getty Images)Newsday via Getty ImagesThe U.S. job market just got a big rewrite.On Sept. 9, the Bureau of Labor Statistics (BLS) said the economy added 911,000 fewer jobs in the year ending March 2025 than previously thought. It is the largest downward revision on record.The cut comes after last year’s 818,000 revision, which at the time was the second-larges ...