Private sector lost 33k jobs, badly missing expectations of 100k increase

Re:Private sector lost 33k jobs, badly missing expectations ... by adrr on Wednesday July 02, 2025 @11:19AM (#44444817)

Government job reports this year have been revised down up to 35%.

> The change in total nonfarm payroll employment for March was revised down by 65,000, from +185,000 to +120,000, and the change for April was revised down by 30,000, from +177,000 to +147,000. With these revisions, employment in March and April combined is 95,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)

https://www.bls.gov/news.release/empsit.nr0.htm

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Re:Private sector lost 33k jobs, badly missing expectations ... by dmix on Thursday July 03, 2025 @12:21AM (#44451599)

Revised down from previously reported projections. But the numbers are pretty neutral.

> Among the major worker groups, the unemployment rates for adult men (3.9 percent), adult women (3.9 percent), teenagers (13.4 percent), Whites (3.8 percent), Blacks (6.0 percent), Asians (3.6 percent), and Hispanics (5.1 percent) showed little or no change over the month.

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