U.S. Job Growth Revised to Show 13,000 Loss in June 2025
After a second revision, June 2025 payroll data shifted from a gain of 147,000 jobs to a loss of 13,000, with cumulative revisions cutting 1.1 million jobs since February 2022.
Summary
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Terms & Concepts
Payroll Data Revision: Adjustments made by government agencies to previously reported employment figures to correct errors or include updated information.
Cumulative Payrolls: The total net change in employment levels over a given period, combining job gains and losses.
Labor Market: The supply of and demand for labor, where employees provide the supply and employers the demand.