The federal government is poised to reveal that the US economy created as many as a million fewer jobs than previously thought in the 12-month period that stretched through the end of March. The ...

Economists had estimated that the Labor Department’s Bureau of Labor Statistics could revise the level of employment from April 2024 through March 2025 down by between 400,000 and 1 million jobs. The ...

Economists and experts have started to unpack what it may mean for the state of the U.S. economy after a historic jobs data revision on Wednesday. "That is a big blast against Bidenomics," former ...

The Labor Department on Tuesday published the preliminary estimate of its annual benchmark revision to nonfarm payrolls, which showed the U.S. economy added significantly fewer jobs than previously ...

WASHINGTON, Sept 9 (Reuters) - The U.S. economy likely created 911,000 fewer jobs in the 12 months through March than previously estimated, the government said on Tuesday, suggesting that job growth ...