Key TakeawaysThe US labor market was significantly weaker than initially reported, with the Bureau of Labor Statistics (BLS) downwardly revising job growth between March 2024 and March 2025 by 911,000 positions, effectively halving the jobs created.The Congressional Budget Office (CBO) forecasts higher inflation (3.1%), increased unemployment (4.5%), and slower economic growth (1.4%) for 2025, attributing these shifts to President Trump's tax law, tariffs, and reduced net immigration.Massachusetts has filed ...