Nearly a million fewer jobs were created between April 2024 and March 2025 than previously reported, according to the Bureau of Labor Statistics.
The new data, published Tuesday morning, speaks to a weak job market during both former President Joe Biden and President Donald Trump’s terms—and is another harbinger of economic turbulence to come.
Despite what monthly payroll tallies indicated, employers added 911,000 fewer jobs from last April until this March. This implies that only 850,000 jobs were actually added to the economy during that time, just half of as many as previously reported, according to The New York Times.
This is the second time in a week that Americans have been hit with troubling economic news.
On Friday, the August jobs report revealed that unemployment has risen to a nearly four-year high, and the U.S. only added 22,000 jobs that month—an underperformance from the projected 75,000.
Annual revisions are normal, but this one is pretty significant: it’s the largest since the 2008 Recession. It also comes at a bad time for Trump, who just fired the head of the BLS last month because her jobs report was weaker than expected.
It seems as if the president’s economy is shrinking: the number of foreign-born workers is declining as Trump deports immigrants en masse, and it’s likely that the number of native-born workers isn’t rising to meet the difference. Tariffs are causing people to buy less, and the number of unemployed Americans has grown larger than the stock of available jobs.
No wonder economists are saying that we may be “on the brink” of a recession.
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