USA REMOVES OVER 1 MILLION JOBS FROM DATA 2025

The employment data for 2025 has been revised down by 1,029,000 jobs, the largest adjustment in at least 20 years. In the last three years, a total of 2,153,000 jobs have been removed from the initial report.

Since 2019, 2,500,000 jobs have been adjusted downward and 6 out of the last 7 years have seen downward adjustments.

Such a large adjustment chain raises questions about the accuracy of labor data. When the market relies on data to price policies, the reliability of data becomes a vital factor.

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