Private Sector Companies Added 497,000 Jobs In June, More Than Double Expectations

[Catsnmeters]

Joe Biden has given America the best jobs market in US history !
And this morning the best keeps getting better.

+497k jobs from the ADP

Biden's economy added 497k private jobs ! What an epically incredible number. Private employment.

JOLTs new jobs openings is still very strong coming in at 9+M

And the services sector PMI came in at a booming 54.4 !

Data like this verify Biden has a great economy, the best labor market in US history, and Patriotic Americans are all happy today.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Best jobs president ever!

 

[C_Clayton_Jones]

Yet, businesses like woke companies Budweiser and Target, are losing jobs along with the support industries because of their immoral policies trying to influence the people who dont do the crap they want. The news is that more jobs are going to be cut soon.

And as usual, the reprehensible right wants the American people to suffer for some perceived partisan gain.

 

[rightwinger]

Inflation.
Gas prices.

Inflation rate has been cut in half
Gas prices are down $1.50 a gallon


Biden 2024

 

[Catsnmeters]

Again .. how many of these jobs are related to the shutdown of the COVID economy which impacted millions of workers (10 - 18 million)?

I think your talking point needs an update. This is July of 2023.

 

[Mac1958]

I think your talking point needs an update. This is July of 2023.

They're told that global inflation exploded the day Biden took office. Bang. Just like that.

And, as usual, they buy and repeat it without a moment's question.

 

[yidnar]

Holy moley! What great news! This will cause a lot of Trumptard butts to burn.

Ordinarily, when there is great jobs growth when a D is in the White House, the tard herd invariably whines, "B-b-b-b-b-but LFPR!"

Sadly for them, the Labor Force Participation Rate is higher than it ever was during the Trump regime.

So it's good news all around, and bad news for those who want to see our country fail.

Private sector companies added 497,000 jobs in June, more than double expectations, ADP says

The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected.

www.cnbc.com

The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected, payroll processing firm ADP reported Thursday.

Private sector jobs surged by 497,000 for the month, well ahead of the downwardly revised 267,000 gain in May and much better than the 220,000 Dow Jones consensus estimate. The increase resulted in the biggest monthly rise since July 2022.

From a sector standpoint, leisure and hospitality led with 232,000 new hires, followed by construction with 97,000, and trade, transportation and utilities at 90,000.

Labor force participation rate for people ages 25 to 54 in May 2023 highest since January 2007​

​

leisure and hospitality ? i wonder what the demographics of said hiree's are ?

 

[Catsnmeters]

Inflation.
Gas prices.

Good points.

Some of the lowest inflation in modern western countries and getting gas prices down are also great accolades.

I heard the Saudis are cutting oil production though so I guess Jared's two billion investment from the Saudis will pay off as gas prices rise heading into the primaries.

What do you think Joe should do about a free market cutting oil production?

 

[Doc7505]

Joe Biden has given America the best jobs market in US history !
And this morning the best keeps getting better.

+497k jobs from the ADP

Biden's economy added 497k private jobs ! What an epically incredible number. Private employment.

JOLTs new jobs openings is still very strong coming in at 9+M

And the services sector PMI came in at a booming 54.4 !

Data like this verify Biden has a great economy, the best labor market in US history, and Patriotic Americans are all happy today.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

~~~~~~
Except for the fact that we're just getting back to pre-Covid employment numbers. Tanks to Democrat misinformation and interference since 2021.

The Dark Democratic Motives Behind The Government-Induced Labor Shortage

As businesses continue to struggle to find willing employees in the wake of governments continuing to pay them in many cases MORE than they would make working to stay at home, many states are pushing back by preemptively ending the extra federal unemployment cash.

townhall.com

 

[shockedcanadian]

Joe Biden has given America the best jobs market in US history !
And this morning the best keeps getting better.

+497k jobs from the ADP

Biden's economy added 497k private jobs ! What an epically incredible number. Private employment.

JOLTs new jobs openings is still very strong coming in at 9+M

And the services sector PMI came in at a booming 54.4 !

Data like this verify Biden has a great economy, the best labor market in US history, and Patriotic Americans are all happy today.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

The greatest administration in American history!

 

[Ralph Norton]

The greatest administration in American history!

 

[The Banker]

Inflation.
Gas prices.

inflation has dumped, and the data prove this

Sorry, but GW Bush failed miserably. Trump failed Miserably. Biden is winning and giving us the best labor market ever and a booming economy. Obviously you hate it !!!

How come all the Republican presidents fail, and all the dem presidents win ??

 

[Ralph Norton]

This is upsetting to you?

No kitten, merely commenting that job numbers are not "the economy".
And how is a laughing emoji indicative of being "upsetting"?
Nevermind, I'm confident that any response from you would be equally stupid.

 

[Nostra]

Inflation rate has been cut in half
Gas prices are down $1.50 a gallon


Biden 2024

Inflation rate is 2.5 times higher than when Tater took office.

Gas prices are 40% higher than when Tater took office.

 

[Nostra]

inflation has dumped, and the data prove this

Sorry, but GW Bush failed miserably. Trump failed Miserably. Biden is winning and giving us the best labor market ever and a booming economy. Obviously you hate it !!!

How come all the Republican presidents fail, and all the dem presidents win ??

Total employment us up a few million from pre-covid numbers, Simp.

Tater's job creation is a farce. Vast majority is people going back to work, not new jobs. But you are stupid enough to fall for it.

 

[luiza]

Straight from Zero Hedge . Of course, none of the data are credible for reasons we have discussed before but the simplest one is because the response rate of the JOLTS survey is stuck at a record low 31%. Which means that only those who actually have job openings to report do so, while two-thirds of employers are either non-responsive or their mail is quietly lost in the mail. While the only ones who do respond are those who tell the BLS what they know it wants to hear.

 

[Mac1958]

Straight from Zero Hedge . Of course, none of the data are credible for reasons we have discussed before but the simplest one is because the response rate of the JOLTS survey is stuck at a record low 31%. Which means that only those who actually have job openings to report do so, while two-thirds of employers are either non-responsive or their mail is quietly lost in the mail. While the only ones who do respond are those who tell the BLS what they know it wants to hear.

Zero Hedge is right wing. Consistently.

 

[The Banker]

Total employment us up a few million from pre-covid numbers, Simp.

Tater's job creation is a farce. Vast majority is people going back to work, not new jobs. But you are stupid enough to fall for it.

HAHA traitor, Biden's economy is better than Trump's and you hate it because you are a traitor.

Enjoy Biden's booming economy !!

 

[Winco]

No kitten, merely commenting that job numbers are not "the economy".
And how is a laughing emoji indicative of being "upsetting"?
Nevermind, I'm confident that any response from you would be equally stupid.

RWI Memo says......... Must stay negative.

1) What do the positive numbers mean?

2) What did the positive numbers mean when trump was POTUS?

You can't effectively answer how 1) differs from 2).
Go

 

[Ralph Norton]

RWI Memo says......... Must stay negative.

1) What do the positive numbers mean?

2) What did the positive numbers mean when trump was POTUS?

You can't effectively answer how 1) differs from 2).
Go

My comment is a fact and requires no explanation.
But feel free to continue posting irrelevant nonsense.

 

[luiza]

Zero Hedge is right wing. Consistently.

Horrible thing about Facts these days . They are identifying as winged creatures . Stop being an ass Muck.