The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the U.S. economy.

Revised government figures reveal the US job market was significantly weaker than initially reported between April 2024 and March, with 911,000 fewer jobs created. This news, coupled with a weak August jobs report,

Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. The department issues the so-called benchmark revisions every year. They are intended to better account for new businesses and ones that had gone out of business.