Posted on 02/07/2025 6:30:27 AM PST by lasereye
The U.S. economy created 598,000 fewer jobs in the 12 months through March than previously estimated, the Labor Department's Bureau of Labor Statistics (BLS) said on Friday.
The final nonfarm payrolls benchmark revision was less than the 818,000 reduction the BLS estimated in August. The numbers are not seasonally adjusted.
Economists had expected the level of employment over the 12-month period would be reduced by about 668,000 jobs following updates to the Quarterly Census of Employment and Wages data for the first quarter from which the BLS based the payrolls benchmark revision.
(Excerpt) Read more at finance.yahoo.com ...
So this is actually an upward revision to the jobs creation numbers?
That’s what I read.
The Deep State failed to manufacture those jobs.
I’m having trouble with the “through March” part of this story.
This is all Trump’s fault! Three weeks, and what has he got to show for it!/SARC
Article from August
....agree...!!! he has been in office for, what, 3 weeks or so and the price of eggs is still relatively high...!!! call for impeachment now...!!! Calling Representative Al Greene of Texas....Al Greene of Texas...!!
Oh, I thought Musk had hacked into a pre-staged press release they’d queued up for next month!
This article is for a different time period.
The U.S. added 818,000 fewer jobs than previously reported from the spring of 2023 to the spring of 2024, indicating the labor market began to cool off earlier and faster than it appeared at the time.
Since when are jobs reports anything other that what happened the previous month? Never ever have I heard a “latest” jobs report going back 9 months. Ever.
Just wait till 14 million guberment personal are fired.
They will twist that around to blame Trump for destroying America when the truth is he is saving America.
Shazaam!
Has to be March of 2024... so revised 1st quarter stats for the election year when the Biden Admin was blowing smoke, big-time!
The government “workers? who do these statistics are usually wrong...adjusting their numbers months after reporting them. I hope they are all fired for incompetence. The Magic-8-Ball could be more accurate than these DEI clowns.
Elon will have a field day at BLS.
Gee, I can’t believe BLS was pushing lies all the way through the 2024 election cycle. Imagine that!
Elon will have a field day at BLS, covering the damage caused by H1B & OPT cheap labor displacing Americans.
I think Reuters deliberately left out the years involved to create confusion. Journalistic malpractice, but typical for them.
So why are bond yields going apeshit? Expectation of inflation from tariffs?
THE “JOB NUMBERS” HAVE BEEN FICTION FOR SO LONG-—NO ONE KNOWS WHAT IS THE TRUTH
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