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Jobs: Every Jobs Report in 2025 has Been Revised Lower

Exploring Finance | SchiffGold | 09 Jan, 2026

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on.

Current Trends

The jobs report showed a very modest increase of 50k jobs in December This followed an estimated loss of 173k jobs in October and only 56k jobs added in November. The Household Survey report was actually much higher at 232k jobs for the month of December.

Figure: 1 Primary Report vs Household Survey – Monthly

BLS data economy employment Federal Reserve jobs report labor market revisions