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U.S. Job Gains Revised Down by Over 1 Million

2/17/2026

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Story summary
  • The Bureau of Labor Statistics revised down U.S. 2025 job gains by 1,029,000, from 584,000 to 181,000, the largest annual correction in two decades.
  • The revisions erased more than one million jobs from estimates for prior years.
  • Healthcare dominated job growth, while manufacturing and white-collar sectors posted declines.
  • Despite a 4.3% unemployment rate, the labor market appears weaker as hiring slows across sectors, with healthcare providing stability.