US job market: Employment numbers weaker than expected in 2024-25; over 911k fewer positions created
US job market: Employment numbers weaker than expected in 2024-25; over 911k fewer positions created
Revised government figures reveal the US job market was significantly weaker than initially reported between April 2024 and March, with 911,000 fewer jobs created. This news, coupled with a weak August jobs report, intensifies concerns about the economy under President Trump's policies. Pressure is mounting on the Federal Reserve to respond to the revised data.
Revised government figures reveal the US job market was significantly weaker than initially reported between April 2024 and March, with 911,000 fewer jobs created. This news, coupled with a weak August jobs report, intensifies concerns about the economy under President Trump's policies. Pressure is mounting on the Federal Reserve to respond to the revised data.