The Bureau of Labor Statistics (BLS) announced a significant downward revision of 911,000 jobs for the period between April 2024 and March 2025, reducing average monthly job gains from 147,000 to 71,000, according to statements released on September 9th. This revision indicates a weaker labor market than previously reported, with the BLS noting that the job market was largely frozen throughout 2024, even before tariffs were implemented. The BLS attributed these large negative revisions primarily to challenges in accounting for new and closed businesses post-pandemic, a normal part of its annual revision process. Preliminary benchmark revisions for March 2025 payroll employment were also made available. In related commentary, Tom Homan expressed strong disagreement with Mika Brzezinski's description of ICE operations as "disappearing" people, stating during a broadcast that it was a "planned, targeted, enforcement operation."
