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Is California’s job growth 80% less than we think?
California’s slim growth helps explain 2025’s sluggish economic activity – from weak consumer confidence to tepid home and auto sales to fast-food discounting and growing government deficits. The new ... Read More
US economy added 911,000 fewer jobs than previously reported in largest-ever revision
The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than previously estimated, the U.S. Bureau of Labor Statistics (BLS) said on Tuesday. The figure, which exceeded economists ... Read More
Employers Added Nearly a Million Fewer Jobs Than Believed, Data Shows
The annual benchmarking process is necessary because the monthly jobs figures are estimates, based on a survey of more than 100,000 employers. Once a year, the Bureau of Labor Statistics reconciles ... Read More
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