Kudos to Revelio for providing an excellent set of jobs-related data.
Year Over Year Change
- January 2022: 4.585 million
- January 2023: 3.466 million
- January 2024: 1.436 million
- January 2025: 561 thousand
- October 2025: 203 thousand
Revelio Press Release
Revelio reports Public Labor Statistics (RPLS) Reports U.S. Economy Shed 9,100 Jobs in October as BLS Shutdown Persists
Revelio Labs today released its October edition of Revelio Public Labor Statistics (RPLS), a monthly data release delivering transparent and reliable insights into the U.S. labor market. The latest data indicate a loss of 9,100 jobs in October, signaling flat employment growth and underscoring a broader slowdown across the labor market.
In terms of leading indicators, active job postings declined by 1.9% month-over-month, while salaries from new job postings increased by 0.7%. Both hiring and attrition rates also declined, extending the downward trend seen in recent months.
“Our October RPLS numbers show that the labor market has continued to cool as expected. The slightly negative job growth is driven by job losses in the Government sector. Education and Health is the only sector to meaningfully add jobs last month. Our job postings, hiring, and attrition numbers are also all pointing downwards. The Fed made the right call in their last meeting and may want to look at our numbers ahead of the December meeting,” said Chief Economist Lisa Simon.
RPLS is a freely available macroeconomic labor market set of statistics built from 100+ million U.S. profiles to provide a clear view of workforce dynamics. It follows a format similar to the U.S. Bureau of Labor Statistics (BLS), tracking employment levels, wages, and job transitions at a scale that traditional surveys cannot, offering a continuous picture of the labor market. RPLS intends to close the growing information gap and deliver unbiased data on the U.S. workforce for policymakers, businesses, and the public.
Revelio Labs Revisions vs BLS
Revelio Labs Employment in Thousands
Revelio Month-over-Month Change by Industry
Month-Over-Month Change in Thousands by Industry
- Agriculture: 0.7
- Construction: 1.6
- Manufacturing: -5.1
- Wholesale Trade: -2.8
- Retail Trade: -8.5
- Transportation and Warehousing: 1.7
- Financial Activities: 9.6
- Education and Health Services: 21.9
- Leisure and Hospitality: -0.6
- Other Services: -2.3
- Government: -22.2
The total including small numbers not shown is -9,100 for October.
In the last two months, government shed 43,100 jobs. This is expected. However, last month seems early.
Laid off government workers were paid through September.
Year-Over-Year Change by Industry
Year-Over-Year Change in Thousands by Industry
- Agriculture: 1.4
- Mining: -14.2
- Utilities: 9.0
- Construction: 48.1
- Manufacturing: -40.8
- Wholesale Trade: -31.9
- Retail Trade: -72.6
- Transportation and Warehousing: 59.6
- Information: -8.8
- Financial Activities: 172.2
- Professional and Business Services: 18.6
- Education and Health Services: 403.6
- Leisure and Hospitality: -199.3
- Other Services: -29.1
- Government: -89.6
- Unclassified: 2.3
That is quite the mix.
The only two big bright spots were Education and Health Services (related to aging demographics and illegal immigration), and Financial Activities (related to AI and stock market deals).
The latter seems poised to cool.
Construction is related to data center builds, not residential or office. Warehousing is related to tariff front running and storage.
Based on the lead chart, tariffs, and small business woes, and immigration, I expect the year-over-year net number to soon be negative.
FAQs
- What data sources are used? Powered by a dataset representing close to the whole population of employed people in the United States, Revelio Public Labor Statistics (RPLS) will draw from 100+ million U.S. profiles that mirror the national workforce and cover two thirds of all employed individuals, compared to an estimated 27% from the BLS establishment survey and 0.03% from the BLS household survey.
- What metrics are covered? Revelio Public Labor Statistics (RPLS) will publish (a) changes in employment, (b) job openings (c) employee hiring and attrition rates, and (d) salaries from new openings. Note that we will not be covering unemployment rate and labor force participation rate. All metrics will be available by occupation (SOC 2-digit), sector (NAICS 2-digit), and state.
- What is the release schedule? Revelio Labs will publish its data monthly, releasing Revelio Public Labor Statistics (RPLS) updates the day before Jobs Friday. These monthly releases are designed to complement the BLS’s data series with more timely and granular insights.
About Revelio
Revelio Public Labor Statistics (RPLS) is a freely available macroeconomic labor market dataset built from 100+ million U.S. profiles to provide a clear, transparent view of workforce dynamics. It follows a format similar to the U.S. Bureau of Labor Statistics (BLS) and is designed to be used alongside it, tracking employment levels, wages, and job transitions at a scale that traditional surveys cannot, offering a continuous picture of the labor market. Our hope is that RPLS helps close the growing information gap and delivers unbiased and trustworthy data on the U.S. workforce for policymakers, businesses, and the public.
Methodology
RPLS provides a set of employment statistics derived from over 100 million professional profiles sourced from professional networking websites. After deduplication, adjustments for reporting lags, and reweighing to ensure that the data resembles the national distribution of the workforce, these data yield timely and detailed measures of employment dynamics. The resulting data series captures the level of total employment (headcount), which informs monthly job gains, and the flows of workers into and out of jobs. This data enables us to track hiring, separations, and net employment changes with a scope and frequency comparable to official labor statistics
Online professional profiles are not a representative sample of the U.S. workforce. Profiles on these platforms disproportionately reflect white-collar occupations, larger firms, and workers in metropolitan areas, while under-representing blue-collar jobs, smaller companies, and rural locations. To correct for these biases and produce nationally representative measures of employment, we construct sampling weights using two complementary models at the micro and macro sides.
Comparison to CES
The BLS tracks changes in employment via two main surveys. The establishment survey that is used to generate the Current Employment Statistics (CES), surveys approximately 121,000 businesses and government agencies, covering roughly 631,000 individual worksites, and serves as the source of the monthly “headline” change in payroll jobs. The household survey, covering around 60,000 households, captures broader labor market trends, including payroll jobs, self-employment, and multiple job holdings. Together, these surveys provide complementary snapshots of U.S. employment.
When we compare Revelio Labs’ estimated employment series to CES estimated employment, we find that Revelio Labs captures the same broad trends while offering more timely observations and flexibility in disaggregation.
Comparison to other employment data sources
One prominent source of employment data is produced by , drawing on payroll records covering more than half a million companies and over 25 million employees. Unlike Revelio Labs’ profile-based data, which captures both private- and public-sector workers, ADP’s measure is limited to private payroll employees. ADP draws from two sources: payroll transactions, which record when individuals are paid and how much, and administrative records that identify who is currently on the company payroll, even if not paid in a given cycle. This provides detailed business-level insight into private employment trends, but differs in scope and design from Revelio Labs’ approach, which relies on individual-level professional profiles and offers a broader view of the workforce, including public-sector employment.
Revisions
RPLS revisions has been roughly half that observed in CES revisions in both the positive and negative directions, reflecting the stability and timeliness of our real-time pipeline. Furthermore, RPLS revisions are less procyclical and serially correlated compared to CES revisions.
Thanks to Revelio for making their data public.
Anyone for replacing the BLS with Revelio?
Related Posts
November 6, 2025: Private Employers Added 42,000 Jobs in October, First Increase Since July
ADP reports a modest 42,000 jobs added. The BLS report will be delayed or cancelled.
November 6, 2025: Richmond Fed Survey Shows Small Businesses Impacted More by Tariffs
Local business conditions are negative for small and mid-sized businesses.
What a jobs disaster.
November 6, 2025: Cost Cutting Hits Jobs. October Layoffs Surge to Highest Level in 20 Years
The jobs hit parade is running in reverse. Hiring lowest in 14 years.
I am a fan of small government. So the numbers showing bureaucrats being fired is heaven sent news to me. I have a little dealing with government but what I did see is laziness, appalling customer service, booths with no one behind them (“There’re on break”), they never get fired etc etc. They get enormous salaries compared to most working people…..seriously when I see the Fire Chief in LA making $800,000+ with his/her overtime and the useless job they did last year in the forest fires, I makes me want to withhold my taxes. Not only that the pensions these people make is insane….work a few years and get a 250,000K. They do nothing, they create no wealth yet they are treated like divine right kings.
I think it is time for Trump to act and fire/confine all remaining statisticians as they just saw confusion. Trump said economy is doing great and by definition that became truth 🙂
Airlines cancel 700 flights…
https://www.cnbc.com/2025/11/07/airlines-cancellations-flights-faa-shutdown.html
That’s 700 flight crews that won’t be working. That 700 flights that won’t get jet fuel. That’s 700 catering crews not getting work. That’s 700 x 200 (flyers) that won’t be using Ubers to get to/from airport. And on and on….
Next week it may be 1400 flights until the whole airline ecosystem and economy crashes.
100% Trump/GOP’s fault. 100%
100%? House and Senate republicans have a “clean” continuing resolution ready to go. You may not like it. I may not like it, but Dems could agree to it at any time. Fetterman says Dems need to own the shutdown. https://www.cnn.com/2025/11/02/politics/video/senator-john-fetterman-pennsylvania-blames-democrats-for-the-government-shutdown-sotu
It’s a political impasse. Either party could compromise.
Given the recent election results, I’d say America is blaming Trump/GOP.
Zoom conference calls instead. 500/1,000 miles trips by cars: hotels, restaurants, tolls, WTI. Instead of flight crews, who will get pd, crowded highways.
Is the filibuster dead yet?
Nope. Senate Republicans are still playing by Marquess of Queensberry Rules.
Michigan consumer sentiment today in harmony with the labor market … Oct # 50.3.
Global equity composites (ACWI) appear to following a 28 Oct 3/7-8/7-8/4-5 day :: y/2.5y/2-2.5y/1.4-1.6y 4-phase fractal crash.
Vance/Rubio will beat the shit out of Josh Japiro in Nov 2027.
No to any ticket that includes Rubio. He’s Bolton without the mustache.
Rubio isn’t a war monger. The Gulf states were sandwiched between Yemen and nuke Iran. After blowing up Suleimani, Trump spanked: Hezbollah, Jasa, Yemen, Syria, Iraq and Iran. Trump saved MBS and the ME from the evil axis ==> buy RE in Syria for your children !
It’s cheaper to sail to Turkey and Thailand, to get a heart valves and dental implants, to stay in the yacht before, during and after the treatment, but if the heart valves are defective u have to fly, to do it again.
Anchoring a chart in 2021/2022 should be statistical malpractice
How long do you think they have been in business?
Data based on “100 million profiles”. Is this a LinkedIn data scrub? I wonder what percent hide v advertise job loss/search? I guess they must try to reconcile/ correlate to BLS – but if they do, they would be same reliability as BLS. If a little looser, then they may have predictability edge.
The US gov shed most jobs, but the private sector is doing ok. DC per capita is the highest in the world. They have more financial assets than most people in the upper middle class. Chuck has to fight for the survival of Obamacare, pet projects, sunken gov headcount and gov contractors ==> the first 20% reduction in 100 years, since Coolidge and Mellon, without recession !
Trump and Japan’s new PM signed a deal to extract rare earth minerals from sunken mud, 20,000 feet below sea level, in Minamitori, Japan, in harsh conditions.
Only a few US co have the knowhow to do it !
O/T:
https://kdwalmsley.substack.com/p/china-is-running-out-of-garbage-now
” Good morning. Overa decade or so, China went from being smothered by garbage to running a shortage of it. The Jiangcungou landfill was the biggest garbage dump in China. When it was built in 1994, it was expected to run for 50 years. But it had to close in just 30 years. It’s the size of 100 football fields, and was taking in 10,000 tons of waste, per day. The incoming trash increased 10 times in 25 years, and was piled 50 stores high. It became “massively overburdened”, handling four times more trash than it was designed for.”
And then what happened?
Strange to hear increases in “health” services jobs described as a bright spot despite spending way more per capita to live less years. Our medical system has replaced the Roman Catholic Church when it comes to the sale of indulgences. Paging Neo Martin Luther…
The cost of Medical Industrial Complex as a percentage of GDP needs to be severely reduced or we will cease to function as a nation. What that target range is and how fast we should get there, needs to be at the top of the national debate agenda.
It’s literally cheaper to fly half-way around the world, get medical treatment, stay at a 5 star resort, eat like a king at Michelin restaurants and come back than get treated anywhere in the United States. And oh yeah, you don’t need to pay $27,000 in health insurance premiums and then spend days arguing with the insurance company over the treatment the doctor ordered.
I speak from experience, done it twice this year alone.
But if you think healthcare is bad now, wait till 2030 when 80+ million boomers need hip/knee replacement or stents or whatever other illness old people get.
I have company covered health insurance now, but before that I used Christian Healthcare Ministries (CHM) for 7 years. CHM is now encouraging/incentivizing its users to travel within the US for common surgeries (knee, hip, hernia etc). Maybe it will start looking at international travel soon.
It was. Then Obama gave us RomneyCare.
LOL – I had forgotten the irony. The Dems took a Republican health plan and touted it as their own. Thanks for the reminder.
And no tge rep dont like it.
Dont forget to add thought up by the same conservative think tank responsible for project 25
Oooh…nice! I didn’t connect those. I’ve almost completely stopped paying attention the past few years, because everything is tied to at the top. BUT, your observation here is an excellent! bit of evidence.
bully bully. amerikans are grifters. from doctors to insurance execs to the voters. people cannot handle this truth. on top of being warmongering nihilists. will break their brains.
Everybody mocks indulgences until they’re sitting in purgatory for 1,000 years wishing they’d bought some indulgences.
Scriptural citation please.
Is that why Roman Catholic clergy is so nonchalantly buggering boys?
https://www.youtube.com/watch?v=rRndMiVIB-w
“We’ve had some pretty bad (economy) disasters under Republicans.” – Donald Trump
In this one way, Trump is a man of tradition.
A perfect caption. An instant “Despair.com” classic.
Seems like the BLS can be cut saving the government that expense. My tak from the article is their data is better than BLS data with fewer revisions and information trends are comparable. I wonder how much less Revelio Labs’ spends to collect and process the data?
That looks and sounds like the complete opposite of what’s been spewed as of late. Where is all the money flowing into the US going? Is it not really there and/or coming at all? Where are all the jobs that were to be made available by all these investments? I can’t believe it was all smoke and mirrors, because it would be shown to be, and make some people look like idiots! Something doesn’t seem right about this…
You may want to contemplate the possibility that this whole time Trump has been FOS and lying to you repeatedly. Appreciably more than a simple “non-zero” chance this is true 😉
Stu used the silent sarc tag, me thinks.
What money was supposed to be flowing into the US?
Tariff income. Foreign investments. New jobs, manufacturing.
A lot of it is promises for future investment. TACO makes it sound like that money is coming in instantly….We will see if the investment shows up, eventually.
I eagerly awaiting our tech overlords announcement of the pilot plan to replace jobs with scrip from the corner tech benefits box.
Meanwhile, huddling next to a coal-fired data center for warmth…
Job cuts surge in worst October layoffs in 22 years. Here’s why
https://www.usatoday.com/story/money/2025/11/06/october-job-cuts-surge-worst-layoffs/87127775007/
Jobs are so 20th Century.
Clearly the AI revolution will expand the economy and improve people’s lives immeasurably.
Think of all the time you’ll have, freed from the burden of work, to…..go dumpster diving for food.
AI Is Supercharging the War on Libraries, Education, and Human Knowledge
https://www.404media.co/ai-is-supercharging-the-war-on-libraries-education-and-human-knowledge/
Knowledge is so 20th Century.
Just let the AI think for you, and everything will be so much better.
My personal AI was just fired.
68% of Americans already agree
“Get awayfrom that dumpster, it’s mine” will say the robot…