ADP: 122,000 jobs added in May

[my2¢]

Ahead of Friday's May employment report, ADP's report on private sector jobs this morning reports that 122,000 jobs were added. Great news.

(Link)

 

[Darkwind]

Ahead of Friday's May employment report, ADP's report on private sector jobs this morning reports that 122,000 jobs were added. Great news.

It is good news, not good enough, but good. The question is, what will the revision bring?

 

[my2¢]

It is good news, not good enough, but good. The question is, what will the revision bring?

I am over-enthused considering the mass layoffs at Spirit airlines that took place last month. And I almost forgot A.I.

Two employment reports and the Consumer Price Index which comes out a week from today, are the only economic reports I follow. I'm always ready to enjoy even "good" news as it's a tough world out there and I'm wishing all the best.

 

[Gabe Lackmann]

Oh, that's gonna get revised down in about three weeks.

The Orange Mirage only added 181,000 jobs in all of 2025.

Plus the bastard fired his BLS Secretary for providing accurate statistics. Fkn bum.

Back in August, Trump reacted to disappointing job-growth figures by calling them “rigged” and “phony” even though we found no evidence of that and the White House offered none. Trump fired BLS Commissioner Erika McEntarfer and nominated as her replacement E.J. Antoni, an economist at the conservative Heritage Foundation.

Trump's Numbers, Second Term - FactCheck.org

At the one-year mark of Trump's second term, we launch our "numbers" series, providing various statistical measures of his presidency thus far.

www.factcheck.org

Total job growth for 2025 was revised down to just 181,000, far below the initial estimate of 584,000, while manufacturing jobs declined by 63,000 during Trump's first 11 months in his second term.

Trump Tanked Job Growth to Almost Nothing in 2025

It was the worst year for job growth outside of a recession since 2003.

newrepublic.com