The US Bureau of Labor Statistics published its June #JobsReport today. It says U3 ticked down to 4.1%, and U6 ticked down to 7.7%: https://www.bls.gov/news.release/empsit.t15.htm Labor participation ticked down to 62.3%: https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm Net jobs were up by 147K: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth Summary press release: https://www.bls.gov/news.release/empsit.nr0.htm

Some BLS figures differ notably this month from ADP's. US Today reports BLS's estimated private sector jobs were up 74K; ADP estimated they were down 33K: https://www.usatoday.com/story/money/2025/07/03/june-jobs-report-data/84454834007/

>>The problems have led staff at certain agencies to rely more on statistical estimates than hard data, potentially fueling volatility in benchmarks, particularly for inflation readings from the Labor Department. Falling response rates to government surveys, coupled with pandemic-driven seasonal quirks and long-standing budget strains, have made it harder to collect and analyze reliable data — including for an employment report due Thursday. Agencies have also shed staff through early retirements, deferred resignations and normal attrition.<<

https://www.washingtonpost.com/business/2025/07/03/federal-reserve-economic-benchmarks-data-challenges/

#USPol #USEconomy #AmericanDecline #GIGO #GovernmentData #FaultyData #JobsReport

Whoa!
Bloomberg calling out the lie
#JobsReport

IS IT POSSIBLE TRUMP GOT HIS BUREAU OF LABOR STATISTICS TO RIG THE LATEST EMPLOYMENT REPORT?

DOES THE SUN RISE IN THE EAST AND SET IN THE WEST?
Mastodon Post

Eightysix47

: #bigpoisonpillbill #bigviciousbill #democrats #donaldtrump #employment #jobs #jobsreport #uspol #uspolitics :

I expect some weakening in today’s report, reflects mid-June & change vs mid-May. Weekly UI claims data signal employer demand weakening a bit with layoffs creeping up. New UI data releases at same time as #JobsReport.

I’m a labor economist at independent, nonpartisan @upjohninstitute.bsky.social As senior economist for labor at the White House Council of Economic Advisers in Obama & Trump1 admins, I’d analyze & brief WH leaders & Labor Sec on #JobsReport. CEA gets preview of data a day early.

Also POTUS’s public attack on Powell yesterday evening may suggest that today's report is weak. POTUS always gets a preview of the #JobsReport the afternoon before the public release, via CEA. bsky.app/profile/just...

RE: https://bsky.app/profile/did:plc:4kshoaytrzhgsziro6ywozul/post/3lszlh2xcct2o

Google's AI identies tomorrow as Thursday, July 4th for the release of the monthly jobs report.

Tomorrow is Thursday, July 3rd.

So... it DID try, but was confused that the releases of job reports always occur on the first Friday of every month, however this Friday is a holiday. Since it wasn't entirely sure how to handle that situation, it combined all the information it had available and hoped for the best 🤔

#Google #AI #GoogleGemini #JobsReport

I'm hearing lots of caution being advised re: job losses until the Bureau of Labor Statistics report this Thursday. Does anyone think that the government statistics couldn't/wouldn't be manipulated to give the current administration a more favorable number? #JobsReport #USPol

Ed Scarce highlights a shocking twist in hiring trends: a loss of 33,000 private payroll jobs in June, surprising economists expecting a gain. This marks the first decline since March 2023, as employers hesitate to hire despite low layoffs. The findings raise questions about economic strength, contrasting with a buoyant S&P 500. For a deeper dive into this pivotal report, read more here: https://crooksandliars.com/2025/07/private-sector-jobs-take-tumble. #ADP #JobsReport #Economy #Employment #Payrolls #S&P500

📉 The U.S. lost 33,000 jobs in June — after economists expected a gain of 100,000. Trump’s legacy? 🔻 Job insecurity 🔻 Unpredictable tariffs 🔻 Unstable markets 🔻 Plummeting consumer confidence This isn’t strength. It’s chaos in a cheap suit. #TrumpWatch #Economy #JobsReport #Resist Worst president

Bloomberg: #US #equityfutures held firm as traders await tomorrow’s #jobsreport & keep an eye on trade talks b4 the July 9 deadline. With job openings data pointing to a hotter economy, expectations are building that today’s ADP employment data & tomorrow’s payrolls could also reflect that #markets

All the crowing about May 2025's Jobs Report ignores this little fact, predictably buried in paragraph 10:

"The April count was revised lower by 30,000, while March’s total came down by 65,000 to 120,000."

95,000 lower over the past two months.
#JobsReport #USPol #USEconomy

https://www.cnbc.com/2025/06/06/jobs-report-may-2025.html

The US Bureau of Labor Statistics published its May #JobsReport today. Both U3 and U6 (unemployment rates by "official" and expanded definitions) were reported the same as last month, at 4.2% and 7.8%, respectively: https://www.bls.gov/news.release/empsit.t15.htm Labor force participation (for people aged 16+) dropped from 62.6% to 62.4%: https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm. Net jobs were up by 139K: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth Jobs numbers for March and April were revised downward. Summary press release: https://www.bls.gov/news.release/empsit.nr0.htm

Kevin Breuninger and Jeff Cox highlight President Trump's surprising push for a full one-percentage-point rate cut from Federal Reserve Chair Powell, despite a strong jobs report showing 139,000 new nonfarm payrolls. Trump aligns with stimulating the economy and criticizes Powell's leadership, although market predictions lean against future cuts. Can Powell navigate these pressures effectively? Read more here: https://www.cnbc.com/2025/06/06/trump-powell-fed-rates.html #DonaldTrump #JeromePowell #InterestRates #JobsReport #FederalReserve #Economy

Biden created an average of 340,000 jobs each month for 4 years.

Under Trump, job growth in 2025 is averaging just 124,000 per month.

And — because Trump — things are about to get a whole lot worse.

Read "The Trump Jobs Crisis" free: https://unprecedented.ghost.io/archive/the-trump-jobs-crisis/ #jobsreport

Trump Pressures Fed Chair Powell to Cut Interest Rates After Weak Jobs Report

#Trump2025
#FederalReserve
#InterestRates
#JobsReport
#Powell
https://eng.harbouchanews.com/2025/06/trump-pressures-fed-chair-powell-to-cut.html

In a captivating article, the author highlights a substantial rally in financial markets driven by a robust jobs report and easing policies from Beijing. This upbeat economic data has sparked speculation about potential interest rate cuts by the Federal Reserve, boosting investor confidence and propelling major stock indices upward. The combination of strong employment numbers and easing geopolitical tensions creates optimism despite persistent economic challenges. Read more about this market shift here: https://finance.yahoo.com/news/wall-street-rockets-higher-jobs-182635495.html #markets #jobsreport #investment #economy #China

John Amato critiques the conflicting narratives around the latest jobs report on Fox Business, highlighting Maria Bartiromo's celebration of job growth as a validation of Trump’s economic policies despite ongoing challenges like a shrinking GDP. Amato emphasizes that the impact of Trump-era tariffs must not be overlooked when evaluating the economy. For a deeper understanding, explore the full article [here](https://crooksandliars.com/2025/05/hey-maria-isnt-it-bidens-jobs-report). #JobsReport #Economy #Trump #Biden #FoxBusiness #MariaBartiromo #Tariffs

Kevin Breuninger reveals that Donald Trump is urging the Federal Reserve to cut interest rates after an April jobs report showed 177,000 new jobs, exceeding expectations. On Truth Social, Trump claimed consumers are seeking lower prices, declaring "NO INFLATION." This shift reflects a softened stance toward Jerome Powell, whom he no longer intends to fire. Discover how Trump balances influence with respect for Fed leadership. Read more here: https://www.cnbc.com/2025/05/02/trump-april-jobs-report-fed-interest-rates.html
#DonaldTrump #FederalReserve #InterestRates #JobsReport #Economy #JeromePowell