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2024 Job Growth Estimate Slashed by 69%: Bureau Reports

2/26/2026

24 5 Full Breakdown

Summary

Story summary

The Bureau of Labor Statistics revised 2024 job growth to 181,000, a 69% drop from 584,000.
The agency cut the 2024 estimate by nearly 28%, leaving the economy with about a million fewer jobs.
This year's revision is the largest since 2009.
The unemployment rate remains at 4.3%.
In 2025, health care supplied nearly 70% of job gains.

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Story summary

The Bureau of Labor Statistics revised 2024 job growth to 181,000, a 69% drop from 584,000.
The agency cut the 2024 estimate by nearly 28%, leaving the economy with about a million fewer jobs.
This year's revision is the largest since 2009.
The unemployment rate remains at 4.3%.
In 2025, health care supplied nearly 70% of job gains.