Posted on 07/02/2025 8:05:07 AM PDT by ChicagoConservative27
The U.S. private sector lost 33,000 jobs in June, according to new data from payroll-processing firm ADP, marking a sharp reversal from expectations of continued employment growth and raising fresh concerns about the labor market’s trajectory.
Economists surveyed by Econoday had forecast a gain of 103,000 jobs for the month. Instead, the report released Wednesday morning showed the first monthly decline in private-sector employment since January 2021.
Manufacturing, which had been a weak spot in the labor market, added a solid 15,000 jobs. Construction added 9,000 jobs. Natural resources and mining, which includes oil and natural gas extraction, added 8,000 jobs.
The services side of the economy lost 66,000 jobs. Professional and business services shed 56,000. Education and health services payrolls shrank by 52,000. Financial activities contracted by 14,000.
There were gains elsewhere in services. Leisure and hospitality added 32,000. Information added 5,000. Trade, transportation and utilities added 14,000.
(Excerpt) Read more at breitbart.com ...
They don’t take into account the illegals that do not show up.
Quick! Somebody call the “dipstick judgies”. These people need their jobs back. We gonna need some more of dem “injunktions”.
The consumer is tapped out after years of trying to keep up with Bidenflation. Consumer debt is at record levels, which spells trouble for a consumer driven economy.
Right! They can order employers to rehire these people! Unemployment: SOLVED!
Too bad the jobs lost weren’t 1,000,000 unnecessary gummit jobs.
33,000? Hopefully illegals who will be soon replaced with American citizens. Or maybe even woke corporations shedding losers.
Time to lower interest rates.
Then why do I see ‘Help Wanted ‘ and ‘We’re Hiring!’ signs all over town?..............
I’m guessing that a lot of this is government layoffs.
IOW, this could be a good thing, but who would be dumb enough to hire those entitled slugs?
Probably illegals. We need more employers to get in trouble for hiring them.
Going to take a little time to get American worker replacements for the illegal alien slave labor.
Cutting interest rates will help.
Actually they only count people on unemployment. 33K must have signed up more then they believed.
ILLEGALS NOT YET REPLACED.
MORE A I REPLACES SOME EMPLOYEES.
All jokes aside people, it’s bad out there. You’ll see what I mean once you lose your job. Trying to get an interview via online, trying to get past the AI bots to screen your résumé, it’s impossible. Three years ago and IT project manager job posting withdraw probablya dozen or two dozen applicants after a few days. Now it’s 400 to 600 applicants within hours.
🎩
I feel lucky to be back in the working world after looking for some months. Straight white men over 60 are lepers.
A friend’s daughter lost her government job with FDA. She picked up an ‘Adjuct’ teaching position at a community college but is surprised how little it pays - welcome to the real world
Probably criminal aliens deported and job not yet filled.
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