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Story summary
- The U.S. Labor Department revised payroll employment down by 1.03 million to 158,497,000 jobs as of December 2025.
- The annual revision shows March 2025 payrolls revised down by 898,000, the largest reduction since 2009.
- In 2025, job creation averaged 15,000 per month, with declines in leisure, hospitality, and retail sectors.
- January's job growth exceeded expectations, suggesting a more stable labor market that could influence the Federal Reserve's rate decisions.
