BREAKING: Total nonfarm payrolls were revised down by another -79,000 jobs for the 12 months ending March 31st, 2026, in the BLS's preliminary benchmark revision.
This follows last year's record -911,000 revision and marks the 4th consecutive annual downward adjustment, matching the streak that ended in 2010 after the 2008 Financial Crisis.
This also marks the 7th downward revision over the last 8 years, with cumulative revisions of nearly -2.5 million jobs over this period.
The latest revision was driven by a -178,000 downward adjustment to private payrolls, partly offset by a +99,000 upward revision to government payrolls.
The US labor market has been weaker than initially reported for years.
NEW: Missouri has officially claimed its first College Football national championship, the school announced🏆
The Tigers' 1960 team won the Big Eight and appeared at No. 1 in the AP poll.
https://t.co/7ljmG5HFUe
Breaking: The Browns are waiving tight end Dae’Quan Wright and, if he clears waivers, he has an agreement in place for the 2026 season to play for LSU, his agents told @AdamSchefter.
Wright is believed to be the first player who could play for an NFL team, and then go back to play in college.
BREAKING: President Trump posts an image claiming that the Strait of Hormuz is now "new US territory."
US oil prices extend gains toward $85 per barrel.