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Golden Age: U.S Economy Adds 147,000 Jobs, Much Higher Than Expected, Unemployment Rate Unexpectedly Falls
Breitbart ^ | 07/03/2025 | John Carney

Posted on 07/03/2025 6:22:31 AM PDT by DFG

Employers in the United States added 147,000 workers to their payrolls in June, the Department of Labor said Thursday, and the unemployment rate declined to 4.1 percent, defying predictions of labor market sluggishness following the implementation of President Trump’s tariffs.

Economists had been expecting 110,000 jobs and an unemployment rate ticking up to 4.3 percent.

The April jobs report was revised up by 11,000, from a gain of 147,000 to 158,000. May was revised up by 5,000 to 144,000. Combined, the revisions added 16,000 jobs to the April and May reports.

Wage gains continued in June. Average hourly earnings rose by 0.2 percent in the month and are up 3.7 percent from a year ago, well above the rate of inflation. Average hourly earnings of private-sector production and nonsupervisory employees rose by 0.3 percent.

The private sector added 74,000 and the public sector added 73,000. The federal government’s payroll continued to shrink, falling by 7,000 in June.

Construction added 15,000 jobs while manufacturing contracted by 7,000. The services sector added 68,000, led by a gain of 58,600 in healthcare and social assistance. Leisure and hospitality added 20,000. There were small gains in retail trade, information technology, financial services, and utilities.

The private sector gains were a bit weaker than expected, especially after so-called government-adjacent jobs in education, healthcare, and social services are excluded.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy
KEYWORDS: unexpected
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To: Red Badger

Only when it’s “good” news for socialists and bad news for America.


21 posted on 07/03/2025 7:04:51 AM PDT by Frank Drebin (And don't ever let me catch you guys in America!)
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To: DFG

Stoopid tarrifs....


22 posted on 07/03/2025 7:07:37 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: Steven Scharf

Thank You!
I’m out of the country and had forgotten the time.
4th of July tomorrow.
Let’s say Monday then 😉


23 posted on 07/03/2025 7:13:50 AM PDT by MotorCityBuck (Keep the change, you are filthy animal !)
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To: Dan in Wichita

Democrats want the country to fail - it’s why they hate Trump so much... Trump’s winning and the country’s winning they hate him for that.


24 posted on 07/03/2025 7:43:02 AM PDT by GOPJ (Democrats judge themselves by thier 'intentins' NOT by the results. It's why they fail.)
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To: DFG

The media will either ignore this or spin it to make Trump look bad.

Count on it.


25 posted on 07/03/2025 7:49:17 AM PDT by Bon of Babble (You Say You Want a Revolutioan?)
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To: DFG

Oh my, Trump undoing all that hard work Xiden put in.


26 posted on 07/03/2025 8:57:21 AM PDT by NonValueAdded (First, I was a clinger, then deplorable, now I'm garbage. Feel the love? )
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To: DFG

Real economy employment was not good. These so called good numbers were driven by government and healthcare jobs. Given that both are a huge suck on taxpayers, this is not great news.

Keep your eye on private sector employment and don’t include anything that that’s proceed but lives on the government tit.

Better yet keep your eye on that unemployment number versus the number of adults in the US.

Amazingly few people work in the real economy.


27 posted on 07/03/2025 9:51:47 AM PDT by FreedomNotSafety
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To: DFG

“ Job growth was heavily concentrated in state and local government and in healthcare. A number of other sectors, including manufacturing and professional and business services, were flat or shed jobs.” - WSJ

No the type of job growth to be applauded.


28 posted on 07/03/2025 9:58:01 AM PDT by FreedomNotSafety
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To: FreedomNotSafety
exactly...I know Trump is trying to fix this as this has been the case for a few years now...but a labor market that relies on public sector hiring to keep it afloat is not a labor market to boast about.
29 posted on 07/03/2025 10:32:01 AM PDT by millenial4freedom (Government was supposed to preserve freedom, not serve as a jobs program for delinquents and misfits)
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To: Bon of Babble
“ Job growth was heavily concentrated in state and local government and in healthcare. A number of other sectors, including manufacturing and professional and business services, were flat or shed jobs.” - WSJ

I've voted for DJT three times, like you and others here have, but a labor market with poor breadth like this is one that has some definitive cracks. And I know Trump is trying to fix this.
30 posted on 07/03/2025 10:33:55 AM PDT by millenial4freedom (Government was supposed to preserve freedom, not serve as a jobs program for delinquents and misfits)
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To: SomeCallMeTim
ADP is only medium to large companies.

The difference could mean that the small businesses, companies with under 50 employees, are starting to hire again.

Probably we will not, unless things really pick up, but there has been an uptick in sales for the small business I do book keeping for.

31 posted on 07/03/2025 10:51:48 AM PDT by Harmless Teddy Bear ( Not my circus. Not my monkeys. But I can pick out the clowns at 100 yards.)
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To: MotorCityBuck

closed tomorrow


32 posted on 07/03/2025 11:04:07 AM PDT by Az Joe (Live free or die)
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To: frogjerk

“government’s payroll continued to shrink....so-called government-adjacent jobs in education, healthcare, social services”

The need is for a change in society from non-productive jobs to productive jobs.

Who is winning? The parasites? or the host?


33 posted on 07/03/2025 11:59:35 AM PDT by spintreebob (ki .h )
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