“The labor market created far fewer jobs than previously thought, according to a Labor Department report Tuesday that added to concerns both about the health of the economy and the state of data collection,” CNBC reports.

“Annual revisions to nonfarm payrolls data for the year prior to March 2025 showed a drop of 911,000 from the initial estimates, according to a preliminary report from the Bureau of Labor Statistics.”

Washington Post : “The new annual revisions provide a more accurate snapshot of the labor market before new economic forces began to take hold — including higher tariffs and stronger immigration enforcement from the Trump administration. Those forces have lately weighed on the labor market, which could be heading for a downturn.”

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