US economy loses 33 000 jobs

[JimH52]

https://www.cnn.com/2025/07/02/economy/us-jobs-market-june-preview

CNN —
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.

US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report.

This trump's economy...inflation spiraling and the first jobs loss in two years.trump was given a great jobs market and he is screwing it up.

 

[jbrownson0831]

https://www.cnn.com/2025/07/02/economy/us-jobs-market-june-preview

CNN —
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.

US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report.

This trump's economy...inflation spiraling and the first jobs loss in two years.trump was given a great jobs market and he is screwing it up.

Great job market, riiigght.....full of worthless and needless gubment workers, working from home at the beach.
And what do you care jimboliar? You have never worked a day in your TDS life.

 

[Oddball]

"Private sector" likely sucking off of gutted programs like USAID, I'd wager.

 

[airplanemechanic]

It's a bullshit jobs report. In May they said 29,000 jobs were added. Turns out 139,000 jobs were actually added. They're way wrong all the time.

https://www.marketwatch.com/story/be-very-skeptical-of-adp-report-showing-economy-lost-jobs-for-the-first-time-in-years-d92d20bf

Be very skeptical of ADP report showing economy lost jobs for the first time in years​

ADP is right that hiring has slowed, but the labor market hasn’t collapsed​

Let’s dig a little deeper. ADP is best known as the company that helps other companies cut checks for employees. It calculates wages, taxes and deductions for 25 million American workers, giving ADP inside information on what’s happening in the labor market.

The insight ADP gleans from its customers, however, has never proven to be crystal ball that help investors to figure out what the Bureau of Labor Statistics will show. The two reports use different methods to measure the size of the workforce and how many jobs are created each month.

The result: They often diverge month to month, sometimes wildly so, making the ADP a poor prognosticator for the BLS report.

Take May. ADP reported a meager 29,000 increase in new jobs, but the BLS showed a much larger 139,000 gain. April also showed a similarly wide gap between the two reports.

 

[Papageorgio]

https://www.cnn.com/2025/07/02/economy/us-jobs-market-june-preview

CNN —
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.

US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report.

This trump's economy...inflation spiraling and the first jobs loss in two years.trump was given a great jobs market and he is screwing it up.

Losing jobs is bad but the “spiraling inflation rate”? 2.4% is spiraling? When under Biden you said nothing about the 3.2% inflation rate last year, was that spiraling? When it was 9% weren’t you denying that inflation was bad?

It seems that you are wanting high unemployment, high inflation and giddy over it. Not sure why you think bad news for America is good news to you.

 

[jbrownson0831]

It's a bullshit jobs report. In May they said 29,000 jobs were added. Turns out 139,000 jobs were actually added. They're way wrong all the time.

https://www.marketwatch.com/story/be-very-skeptical-of-adp-report-showing-economy-lost-jobs-for-the-first-time-in-years-d92d20bf

Be very skeptical of ADP report showing economy lost jobs for the first time in years​

ADP is right that hiring has slowed, but the labor market hasn’t collapsed​

But...but ABC News...........

 

[2aguy]

https://www.cnn.com/2025/07/02/economy/us-jobs-market-june-preview

CNN —
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.

US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report.

This trump's economy...inflation spiraling and the first jobs loss in two years.trump was given a great jobs market and he is screwing it up.

Boy, that turns out to have been a really dumb post......

The U.S. Bureau of Labor Statistics (BLS) issued its much-anticipated monthly jobs report. CNBC reports,

U.S. payrolls increased by 147,000 in June, more than expected.

Not only did the jobs number beat expectations, but the BLS revised previous months higher. From the report itself,

The change in total nonfarm payroll employment for April was revised up by 11,000, from +147,000 to +158,000, and the change for May was revised up by 5,000, from +139,000 to +144,000.

More good news,

Job losses continued in federal government (-7,000), where employment is down by 69,000 since reaching a recent peak in January. (Employees on paid leave or receiving ongoing severance pay are counted as employed.)

If that weren’t enough, comparing the January 2025 jobs report to the June report shows that the number of foreign-born workers is down 543,000, with the number of native-born employed up 2,079,000 over that same period.

Blowout jobs report | Power Line

www.powerlineblog.com

 

[yidnar]

https://www.cnn.com/2025/07/02/economy/us-jobs-market-june-preview

CNN —
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.

US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report.

This trump's economy...inflation spiraling and the first jobs loss in two years.trump was given a great jobs market and he is screwing it up.

AI Overview

In May 2025, there were 7.8 million job openings in the U.S., according to the Bureau of Labor Statistics. This number is up from 7.4 million in April and represents a six-month high. The increase in job openings suggests a resilient labor market, despite high borrowing costs and uncertainty in US economic policy.

 

[CrusaderFrank]

https://www.cnn.com/2025/07/02/economy/us-jobs-market-june-preview

CNN —
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.

US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report.

This trump's economy...inflation spiraling and the first jobs loss in two years.trump was given a great jobs market and he is screwing it up.

After adjusted to reflect all of Epstein’s nonexistent clients

 

[my2¢]

I use the monthly employment report from the Bureau of Labor Statistics as my source regarding the situation. Last week's report for June showed an increase of 147,000 jobs. Most interesting are the sectors in which those jobs were found:

Total nonfarm payroll employment increased by 147,000 in June, in line with the average
monthly gain of 146,000 over the prior 12 months. In June, job gains occurred in state
government and health care. Federal government continued to lose jobs. (See table B-1.)

Government employment rose by 73,000 in June. Employment in state government increased by
47,000, largely in education (+40,000). Employment in local government education continued to
trend up (+23,000). Job losses continued in federal government (-7,000), where employment is
down by 69,000 since reaching a recent peak in January. (Employees on paid leave or receiving
ongoing severance pay are counted as employed in the establishment survey.)

Health care added 39,000 jobs in June, similar to the average monthly gain of 43,000 over the
prior 12 months. In June, job gains occurred in hospitals (+16,000) and in nursing and
residential care facilities (+14,000).

In June, social assistance employment continued to trend up (+19,000), reflecting continued
growth in individual and family services (+16,000).

Employment showed little change over the month in other major industries, including mining,
quarrying, and oil and gas extraction; construction; manufacturing; wholesale trade; retail
trade; transportation and warehousing; information; financial activities; professional and
business services; leisure and hospitality; and other services.