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DemocratSinceBirth

(101,644 posts)
10. Perhaps
Tue Dec 16, 2025, 09:32 AM
Dec 16

Dec. 16, 2025, 9:23 a.m. ET8 minutes ago
Ben Casselman

Keep in mind that these numbers don’t reflect a big downward revision that is expected early next year. The Bureau of Labor Statistics in September released a preliminary version of that revision showing that employers added nearly a million fewer jobs in 2024 and early 2025 than initially reported. Jerome H. Powell, the Fed chair, last week said Fed staffers think the official figures are probably continuing to overstate job growth, perhaps by as much as 60,000 jobs per month. Private economists have come up with similar estimates.

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