Revelio and BLS employment data both show sharp slowdown in job growth in recent years: Three-month average of monthly nonfarm employment changes (thousands)

Date BLS Revelio
2021-04-01 413.598 566
2021-05-01 445.232 536.666667
2021-06-01 493.847667 527.333333
2021-07-01 502.590667 716
2021-08-01 502.514333 738
2021-09-01 439.788333 628
2021-10-01 421.315 603.333333
2021-11-01 387.138333 653.333333
2021-12-01 370.881333 689.666667
2022-01-01 383.099 479
2022-02-01 388.015 556.333333
2022-03-01 399.196333 521.666667
2022-04-01 376.859333 548.333333
2022-05-01 392.807 339
2022-06-01 424.537333 335.666667
2022-07-01 418.914 466
2022-08-01 408.623667 464.666667
2022-09-01 342.451667 386.666667
2022-10-01 326.728667 288
2022-11-01 276.551667 308
2022-12-01 258.413333 274.333333
2023-01-01 244.663667 289
2023-02-01 227.670333 292
2023-03-01 229.251 278.333333
2023-04-01 207.042667 202.333333
2023-05-01 204.334667 176
2023-06-01 202.236333 233.333333
2023-07-01 199.467 210.666667
2023-08-01 186.873 187.333333
2023-09-01 163.997 154.333333
2023-10-01 169.725 167
2023-11-01 162.199 161.666667
2023-12-01 154.423667 198.666667
2024-01-01 131.679333 176.333333
2024-02-01 132.475333 203.333333
2024-03-01 136.231667 195.666667
2024-04-01 142.144333 195.333333
2024-05-01 117.162333 185.666667
2024-06-01 117.626333 132.666667
2024-07-01 109.209667 122.666667
2024-08-01 134.134333 82
2024-09-01 128.754333 133
2024-10-01 132.288333 118.333333
2024-11-01 122.97 181.666667
2024-12-01 100.641667 209.333333
2025-01-01 75.27 231.666667
2025-02-01 52.5076667 178.666667
2025-03-01 54.5456667 111
2025-04-01 61.3366667 126.666667
2025-05-01 51 99
2025-06-01 45.8146667 54.6666667
2025-07-01 20.6926667 26
2025-08-01 5.87166667 11
2025-09-01 0.44233333 51.3333333
2025-10-01 -2.08033333 -30.3333333
2025-11-01 17.4306667 -3
2025-12-01 30.7836667 -22.3333333
Economic Policy Institute

Note: Three-month moving average of monthly changes in total nonfarm employment from the historical Revelio Labs and Bureau of Labor Statistics data. Last updated November 13, 2025.

View the underlying data on epi.org.