finance
U.S. jobs data revised down by 710,000 since January 2025
Government employment figures for 14 of the past 17 months have been lowered by a combined 710,000 positions. The two most recent months saw the largest downward adjustment since December.
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April employment was revised down by 31,000 to 148,000, while May employment was revised down by 43,000 to 129,000. Together the two months account for a 74,000 reduction, the largest two-month downward revision since December. On average, 41,765 jobs have been removed from each month's initial count during the period.
Applying that average to the initially reported 57,000 jobs added in June would imply roughly 15,000 positions for the month.
Revision pattern The sequence of downward adjustments covers nearly every month since the start of 2025. Officials have not yet released an explanation for the scale of the changes. Job market revisions are concerning.
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These outlets didn't split into competing frames — coverage was uniform.
CorroborationModerate · 2 sources
