Why 911K Jobs Vanished—And What It Means for the Economy
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最新报道：U.S. labor market data for the year ending March 2025 was revised down by 911,000 jobs—the largest annual downward revision on record—reducing average monthly job growth to 70,500 from 146,500. The revision, driven by flaws in the BLS birth-death model and low survey response rates, has intensified criticism of the agency’s methodology and raised expectations of a Fed rate cut at the September 17 meeting. The BLS also faces operational challenges, including a 20% staff reduction since February 2025.
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