Lackluster jobs report sparks concerns over U.S. economy
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U.S. jobs growth revised down by 911,000
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New unemployment data sparks concern
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The U.S. labor market added 911,000 fewer jobs in the 12-month period that ended March 2025 than had earlier been reported, the Bureau of Labor Statistics said on Tuesday, which is “a dig deal,” says former CBO Director Douglas Holt-Eakin, calling it “a big miss” by the BLS. “The U.S. economy is getting bigger. There are more workers, there are more firms every year. And the BLS has a flat budget and a flat staff, shrinking staff, right now, and the same sample every month. So, we're getting a s
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