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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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https://finance.yahoo.com/news/us-labor-market-adds-147000-jobs-in-june-while-unemployment-falls-to-41-192105531.html
1 posted on 07/03/2025 6:22:31 AM PDT by DFG
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To: DFG

More bad news for the Democrats and other enemies of America.


2 posted on 07/03/2025 6:27:04 AM PDT by Dan in Wichita
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To: DFG

Weird. The ADP data showed a decline of 33k yesterday. Frankly, I believe the ADP data more. It’s less manipulated.


3 posted on 07/03/2025 6:28:22 AM PDT by SomeCallMeTim
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To: DFG

wait- what about that horrible ADP report from earlier this week the media was pushing??


4 posted on 07/03/2025 6:31:20 AM PDT by God luvs America
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To: DFG

Watch the DOW set a new high tomorrow.😄👍


5 posted on 07/03/2025 6:31:33 AM PDT by MotorCityBuck (Keep the change, you are filthy animal !)
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To: SomeCallMeTim
Weird. The ADP data showed a decline of 33k yesterday. Frankly, I believe the ADP data more. It’s less manipulated.

I would kind of agree with you. But in this day and age what accuracy does either report have? There are many more payroll processors than ADP. What is their market share and how do they calculate their numbers? We know for a fact the government's numbers are totally false and have been for a long long time.

6 posted on 07/03/2025 6:31:46 AM PDT by frogjerk
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To: Dan in Wichita

Right? Imagine having to live everyday rooting against success and prosperity because of petty hatred of a single man.


7 posted on 07/03/2025 6:31:46 AM PDT by MrRelevant
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To: SomeCallMeTim

you don’t think they would manipulate it on the negative side with DJT in office if they could?


8 posted on 07/03/2025 6:32:48 AM PDT by God luvs America
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To: DFG

9 posted on 07/03/2025 6:33:40 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: frogjerk

These are merely snapshots. The media on either side will put a shine on whatever number suits their needs. The long story short is eventually the economic growth Trump is cultivating will be obvious and unable to be covered up by a report or two.


10 posted on 07/03/2025 6:34:40 AM PDT by MrRelevant
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To: DFG

Unexpectedly Falls....Higher Than Expected......

Do they ever expect things correctly?.................


11 posted on 07/03/2025 6:35:49 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: frogjerk

the adp report is based on their clients

which represents 25 million employees

total US employees 163 million


12 posted on 07/03/2025 6:38:29 AM PDT by joshua c
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To: SomeCallMeTim

Anything can manipulated. A private company is just as questionable.


13 posted on 07/03/2025 6:39:08 AM PDT by Destroyer Sailor (Revenge is a dish best served cold. )
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To: DFG

Whatever these morons “expect,” expect the exact opposite. I have never seen an industry-—outside of polling-—be so consistently wrong and not go out of business as the “experts.”


14 posted on 07/03/2025 6:39:53 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." Jimi Hendrix)
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To: DFG

The nay-sayers are so accustomed to saying “Won’t work! Won’t work!” in regards to whatever Trump proposes or enacts, they just seem unable to help themselves, in spite of the wealth of evidence that President Trump really CAN do all these “miracles” he forecasts. Promises made, and he overdelivers just about every time.

Maybe it is only temporary, maybe it is just a fool’s paradise, but I am going to enjoy it for as long as I am able.

Sure beats the doom-and-gloom narrative.


15 posted on 07/03/2025 6:42:55 AM PDT by alloysteel (Try to understand, God is not finished with me yet. Still lots of room for improvement.)
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To: DFG
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.

One can almost see a pattern developing. Must be a Republican in the WH.

[/s]

16 posted on 07/03/2025 6:46:43 AM PDT by TomGuy
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To: MotorCityBuck

Watch the DOW set a new high tomorrow.

The market will be closed tomorrow.

The dow closed yesterday at 44,484, just 588 off thr all time high. It is now up 246 and any bump from the jobs report has been added. So not likely to go to 45,074 or higher today.

But I have been wrong on the past.


17 posted on 07/03/2025 6:54:10 AM PDT by Steven Scharf
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To: SomeCallMeTim

Being someone who worked for ADP for 35 years I would disagree with ADP’s data being more believable.


18 posted on 07/03/2025 6:54:49 AM PDT by OneRatToGo
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To: DFG
Get rid of foreign leeches and Americans will, (contrary to the lies of lying liberals), take the jobs.

Take that! Jorge Busho, you lying traitorous pig!

19 posted on 07/03/2025 6:55:04 AM PDT by LouAvul (1 John 2:22: Who is a liar but he that denieth that Jesus is the Christ? He is antichrist.)
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To: DFG

Women, children, minorities, LGTBQ+, hardest hit.


20 posted on 07/03/2025 6:59:27 AM PDT by blackdog ((Z28.310) Today's Democrat Party is nothing but very bad performance art. )
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