WASHINGTON — 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 U.S. economy.
What You Need To Know
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 U.S. economy
The Labor Department reported Tuesday that employers added 911,000 fewer jobs than originally reported from April 2024 through March
The department issues the so-called benchmark revisions every year, and 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 early next year
The Labor Department reported Tuesday that employers added 911,000 fewer jobs