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Tuesday, May 5, 2026

The New BLS Job Numbers Are Out and They’re Absolutely Abysmal

The New BLS Job Numbers Are Out and They’re Absolutely Abysmal

You really don’t want to know how bad the job market is.

By Rachel Kahn, TNR 

Nearly a million fewer jobs were created between April 2024 and March 2025 than previously reported, according to the Bureau of Labor Statistics.

The new data, published Tuesday morning, speaks to a weak job market during both former President Joe Biden and President Donald Trump’s terms—and is another harbinger of economic turbulence to come.

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