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News in English (USA) / 09.09.2025 / 17:00

US Job Growth Revised Down by 911,000, Posing Concerns for the Economy

Recent data revisions have revealed that the U.S. economy added 911,000 fewer jobs than previously reported, marking the largest-ever adjustment to the job growth figures. This significant downward revision has raised alarms regarding the strength of the labor market, with reports indicating that the job market was much weaker than initially thought. The dismal numbers have sparked discussions about the implications for monetary policy, with growing pressure on the Federal Reserve to consider interest rate cuts. In August, the labor market saw a further slowdown, with only 22,000 jobs added, below expectations. Analysts warn that this could indicate a broader economic downturn, with potential challenges for the current administration as it navigates these troubling employment trends.
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