job data reversion -- weaker than previously thought--rate cut

CrisisInvesting

rate cut in Sept 17, 2025

Yes, major preliminary annual revisions to U.S. nonfarm payroll data were released by the Bureau of Labor Statistics (BLS) today, September 9, 2025, revealing that job growth through March 2025 was significantly weaker than previously thought, with as many as 911,000 fewer jobs created than initially reported. These benchmark revisions suggest a more rapidly weakening labor market, with downward revisions concentrated in sectors like professional services and hospitality.