Business News

(NEW YORK) -- U.S. employers added far fewer jobs in 2024 and early 2025 than previously thought, indicating the labor market may have been significantly weaker than initial estimates had suggested.The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than previously estimated, the U.S. Bureau of Labor Statistics (BLS) said on Tuesday. The figure, which exceeded economists' expectations, marks the largest revision ever recorded.The revision, […]

(NEW YORK) -- Employers in nearly every industry have cut back on hiring, according to the latest data, leaving job seekers with fewer places to turn.A recent jobs report extended a lackluster run of labor data that stretches back to the beginning of the summer. While the unemployment rate stands at a historically low level, millions of out-of-work Americans face stiff conditions.Nearly two million job seekers have been out of […]