Largest downward revision of US nonfarm payrolls in 20 years
The US nonfarm payrolls figure for 2025 was revised downward by 1.029 million jobs. This marks the biggest annual revision in two decades.
Such a substantial revision may indicate changes in assessments of US economic activity, affecting macroeconomic forecasts and employment policies.
Future data updates will be crucial for evaluating the labour market’s condition and shaping economic strategies.
