The revision draws fresh attention to the weakening U.S. labor market, which averaged only 29,000 jobs for the three most recent months. Original Image Link Source:www.msn.com
A judge blocked President Donald Trump from firing Federal Reserve Governor Lisa Cook while her lawsuit challenging her removal plays out. Klarna priced its IPO at $40, above its expected range. This ... Original Image Link Source:www.msn.com
Trump officials called the Bureau of Labor Statistics "broken" after the largest downward jobs revision on record and demanded Federal Reserve rate cuts. Original Image Link Source:www.msn.com
The U.S. likely added 900,000 fewer jobs in the 12 months ending in March than had been reported, according to a preliminary Labor Department report. Original Image Link Source:www.npr.org
The revisions arrive as government statistics have become increasingly politicized. Last month, Trump took the unprecedented step of firing the BLS commissioner, Erika McEntarfer, over weak jobs data. Original Image Link Source:www.msn.com
Tue, 09 Sep 2025 10:49:26 GMT Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Tue, 09 Sep 2025 04:04:00 GMT I've said many times that no one should pay much attention to the monthly payroll figures because they are barely more than wild guesses, something the current administration's economic team only rece ...
Mon, 08 Sep 2025 21:07:28 GMT The level of U.S. employment for the 12 months through March could be slashed by as many as one million jobs when the government publishes its preliminary nonfarm payrolls benchmark estimate on ...
Sun, 07 Sep 2025 10:00:00 GMT In a Reddit post titled "After 5 months of [overemployment], I aint goin back" that netted over two thousand upvotes in the r/overemployment community, the professional detailed how stacking multiple ...