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progree

(12,837 posts)
2. The "strong" jobs report - before and after the revisions
Sun Feb 15, 2026, 09:23 AM
Sunday
The latest (the February 11 jobs report) is that 2.515 million jobs were created in 2023, 1.459 million in 2024, and 0.181 million (181,000) in 2025

Here's how the payroll jobs numbers looked before the new Feb 11 report

https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
Non-farm payroll jobs, monthly changes in thousands

Year Jan Feb Mar etc. etc.
2022] 225 869 471 305 241 461 696 237 227 400 297 126
2023] 444 306 85 216 227 257 148 157 158 186 141 269
2024] 119 222 246 118 193 87 88 71 240 44 261 323
2025] 111 102 120 158 19 -13 72 -26 108 -173 56 50


Here's how it looks now:

(in thousands)
Year Jan Feb Mar etc. etc.
2022] 190 819 490 308 301 434 714 290 220 357 303 100
2023] 434 290 68 241 280 225 163 218 156 159 127 154
2024] 175 206 228 64 78 87 53 9 155 33 134 237
2025] -48 42 67 108 13 -20 64 -70 76 -140 41 48

and January 2026 is 130

Differences, in thousands (these are the revisions)

Year Jan Feb Mar etc. etc.
2022] -35 -50 19 3 60 -27 18 53 -7 -43 6 -26
2023] -10 -16 -17 25 53 -32 15 61 -2 -27 -14 -115
2024] 56 -16 -18 -54 -115 0 -35 -62 -85 -11 -127 -86
2025] -159 -60 -53 -50 -6 -7 -8 -44 -32 33 -15 -2


Annual Totals, in thousands

Year Before After Difference
2022] 4555 4526 -29
2023] 2594 2515 -79
2024] 2012 1459 -553
2025]  584  181 -403


2025, with 181,000 net new jobs, comes out to an average of 15k jobs/month. If you remove January 2025, it is 21k/month. A barely above-the-waterline record.

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