The headline was that the US added 345K jobs in the year ended in March due to revisions. That’s almost 30K a month.
The whole story is much different. The revision added 469K healthcare workers to payrolls. According to Reuters:
These workers are directly contracted by households to take care of elderly or disabled people in their homes, a work category akin to self employment. But because some states have recently changed rules so that these workers can now draw unemployment benefits, the Labor Department’s methodology now considers them as payroll employees.
Without that classification change, payrolls would have been revised 124K lower.
