economy
February 11, 2026
Payroll jobs number revised down by over a million for 2025
The official count of payroll jobs at the end of 2025 was revised downward by more than 1 million on Wednesday by the Bureau of Labor Statistics.
TL;DR
- End-of-2025 payroll jobs revised down by over 1 million.
- Average monthly payroll growth for 2025 revised from 50,000 to 15,000.
- This benchmark revision is the largest in the past decade.
- Weak job market may impact broader economic growth.
- Falling response rates and distortions from illegal immigration are cited as factors complicating data accuracy.
- Former President Trump previously criticized BLS reports with downward revisions.
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