Biggest Job Revisions Since 2020 Expose Pitfall of Economic Data

Biggest Job Revisions Since 2020 Expose Pitfall of Economic Data

The latest employment report showed the steepest downward revisions to US jobs growth since the pandemic, offering a dramatically different picture of the labor market in recent months.

NFIB Jobs Report: July job openings hit lowest levels since 2020

HARRISBURG, Pa. (July 31, 2025) — NFIB’s July jobs report found that 33% (seasonally adjusted) of small business owners reported job openings they could not fill in July, down three points from June and the lowest level since December 2020,…

NFIB jobs report: Lack of labor quality puts July job openings lowest since 2020

NFIB’s July jobs report found that 33% (seasonally adjusted) of small business owners reported job openings they could not fill in July, down three points from June and the lowest level since December 2020, though still well above the monthly historical average of 25%. Twenty-one percent of small business owners cited labor quality as their single most important problem in July, up five points from June and the largest monthly increase since Aug…

July Job Openings Hit Lowest Levels since 2020 - Greater Phoenix In Business Magazine

NFIB’s July jobs report found that 33% (seasonally adjusted) of small business owners reported job openings they could not fill in July, down three points from June and the lowest level since December 2020, though still well above the monthly historical average of 25%. In fact, 21% of small business owners cited labor quality as their single most…