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

[Mac1958]

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

Just pointing out the obvious. That means you're getting a skewed story, but I know you don't care.

They're not taken seriously in the finance industry, my profession for over 22 years.

So, too bad.

 

[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.

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

You can't just say "Job numbers are not the economy" and claim you made a factual statement.

 

[luiza]

Zero Hedge is right wing. Consistently.

And tell me more about these wings to explain this poor situation---------------today's latest JOLTS report will come as a far smaller shock than the bizarre surge in job openings from one month ago. That's because after unexpectedly surging by 575K in April following three months of sharp declines, the BLS reported that in May the number of job openings resumed its decline, sliding by 496K, to 9.824MM from an upward revised 10.320 million.

 

[luiza]

So how do you explain their headline ? Because ZH is known world wide as a Facts Machine , only hated by lumps of crooked shit and financiers .

Zero Hedge is right wing. Consistently.

Job Openings Tumble By 500K Even as Number Of Quits Unexpectedly Soars​

 

[Ralph Norton]

You can't just say "Job numbers are not the economy" and claim you made a factual statement.

What is not factual about it?
Are you claiming that "the economy" is job numbers and nothing else?

 

[Mac1958]

And tell me more about these wings to explain this poor situation---------------today's latest JOLTS report will come as a far smaller shock than the bizarre surge in job openings from one month ago. That's because after unexpectedly surging by 575K in April following three months of sharp declines, the BLS reported that in May the number of job openings resumed its decline, sliding by 496K, to 9.824MM from an upward revised 10.320 million.

The number has increased and decreased over time, and you're trying to make a big deal out of a decrease. It will have to slow down at some point, given the amazing amount of growth we've seen so far.

It's okay to be happy about good news, even if your guy isn't in the WH.

 

[Lastamender]

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​

​

The economy is still on the verge of collapse. Period.

 

[Stryder50]

Along with much of the "job growth" being 'job returns' to those lost during the Democrat mandated shutdowns and lockouts of the private sector economy during the 'scamdemic'(2020-2022); THIS: "From a sector standpoint, leisure and hospitality led with 232,000 new hires, followed by construction with 97,000" are employment areas often dominated by illegal aliens/immigrants, numbers of which have also vastly increased under the Biden Administration. Also these tend to be seasonal jobs and/or weather related.

Also, real economic growth and indicators can be found here;

https://www.usdebtclock.org/

Which I'll hold off on discussing for a while to see if anyone picks up on and comments on the not so rosy economic trends shown.

 

[candycorn]

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​

​

Another win for the good guys.

 

[g5000]

~~~~~~
Except for the fact that we're just getting back to pre-Covid employment numbers.

Actually, we have the lowest unemployment since 1969. So your "fact" is false.

 

[g5000]

Along with much of the "job growth" being 'job returns' to those lost during the Democrat mandated shutdowns and lockouts of the private sector economy during the 'scamdemic'(2020-2022);

We recovered the lost jobs a while ago, rube. We have the lowest unemployment since 1969.

THIS: "From a sector standpoint, leisure and hospitality led with 232,000 new hires, followed by construction with 97,000" are employment areas often dominated by illegal aliens/immigrants, numbers of which have also vastly increased under the Biden Administration. Also these tend to be seasonal jobs and/or weather related.

What part of "more than double expectations" do you not understand?

 

[g5000]

February:

Unemployment is at its Lowest Level in 54 years​

​

God dammit...

 

[g5000]

By and by we will see....Pepperidge Farms will remember.

See?

You loser tards want to see our country fail.

 

[Winco]

What is not factual about it?
Are you claiming that "the economy" is job numbers and nothing else?

Of course not

But no single thing is ‘the economy’

 

[Harpy Eagle]

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.

Good news is there are close to 10 million open jobs for them to move to.

 

[Harpy Eagle]

How many of these jobs are just basic recovery from all the jobs lost during the COVID shutdown of the economy?

Zero. We are well past where we were in 2020 when COVID hit for total employed people

 

[Harpy Eagle]

who gave us the other 75%?.....

All the presidents that came before him.

 

[Harpy Eagle]

So how do you explain their headline ? Because ZH is known world wide as a Facts Machine , only hated by lumps of crooked shit and financiers .

Job Openings Tumble By 500K Even as Number Of Quits Unexpectedly Soars​

Wow, even more good news, we have way too many open jobs.

 

[Ralph Norton]

Of course not

But no single thing is ‘the economy’

Which is exactly what I meant by "job numbers is not the economy".
But thanks, this has been fun.

 

[The Banker]

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

TRIGGERED !!

Over Biden's booming economic data.

Lets not forget how strong the PMIs came in this morning ! 54.4 ! Boom !

I truly truly love how you and all the other MAGA trash hate Biden's booming economy and booming labor market. Biden has out performed Trump by a lot and you don't like it at all.

You rooted for the economy to fail, it is booming, because the data says it is booming !