The U.S. Bureau of Labor Statistics revealed the U.S. added 911,000 fewer jobs

The U.S. Bureau of Labor Statistics revealed the U.S. added 911,000 fewer jobs from April 2024 to March 2025 than initially reported—the largest such adjustment on record. Key sectors like leisure & hospitality, professional services, and retail saw major downward revisions. Economists warn the blunt cut may increase pressure on the Fed to cut rates soon.