U.S. labor market added 911,000 fewer jobs than originally reported, the BLS says
U.S. labor market added 911,000 fewer jobs than originally reported, the BLS says
The Bureau of Labor Statistics released new data revealing the U.S. economy added 911,000 fewer jobs than originally reported from April of last year to March of this year. CBS News MoneyWatch correspondent Kelly O’Grady explains what to know.
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Truth Analysis
Analysis Summary:
The article is highly accurate, reporting on the BLS data revision. The reporting appears neutral, with a slight slant towards highlighting the economic implications of the revised data. All key claims are verified by multiple reliable sources.
Detailed Analysis:
- Claim: The Bureau of Labor Statistics released new data revealing the U.S. economy added 911,000 fewer jobs than originally reported from April of last year to March of this year.
- Verification Source #1: Confirms that the U.S. labor market added 911,000 fewer jobs than earlier reported.
- Verification Source #2: Confirms that the U.S. economy added 911,000 fewer jobs in the year ending in March than estimated.
- Verification Source #3: Confirms that the U.S. economy added 911,000 fewer jobs than previously reported.
- Verification Source #4: Confirms that the U.S. created 911,000 fewer jobs than previously thought in the period from April 2024 to March 2025.
- Verification Source #5: Confirms that the US created 911,000 fewer jobs through March 2025 than initially reported.
- Assessment: Supported
Supporting Evidence/Contradictions:
- Source 1: The U.S. labor market added 911,000 fewer jobs than earlier reported.
- Source 2: The U.S. economy added 911,000 fewer jobs in the year ending in March than estimated.
- Source 3: U.S. economy added 911,000 fewer jobs than previously reported.
- Source 4: The U.S. created 911,000 fewer jobs than previously thought in the period from April 2024 to March 2025.
- Source 5: US created 911,000 fewer jobs through March 2025 than initially reported.