WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported , adding to concerns about the health of the nation's economy.
Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday.
The department issues the so-called benchmark revisions every year. They are intended to better account for new businesses and ones that had gone out of business. The numbers issued Tuesday are preliminary. Final revisions will come out in February 2026.
The revision showed that leisure and hospitality firms — including hotels and restaurants — added 176,000 fewer jobs than originally reported, professional and business services companies 158,000 fewer and retailers 126,000 fewer.
The repo