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Economy

progree

(12,005 posts)

2. Of course they left out the 95k downward revision of the prior two months, thus there was a net gain of only 44k jobs

Reply to mahatmakanejeeves (Original post)

Tue Jun 10, 2025, 08:07 PM

Tuesday

compared to the report that came out a month before (on May 2).
https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3472711

If when looking at the thread, you see commentary along the lines "look at the beautiful graph in the OP", "solid" blah blah hiring in the last 3 months, realize that's because the previous two months (March and April) were previously reported as strong gains (+185k and +177k respectively) now watered down to a still "solid" (arguably) 120k and 147k respectively).

This does not subtract from the fact that the May report itself (released June 6) of a +44k net gain over the previous month's report was and is horrible.

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The US labor market is creating new jobs, but maybe not yours [View all] mahatmakanejeeves Tuesday OP

Yay! We can all pick lettuce! Basso8vb Tuesday #1

Of course they left out the 95k downward revision of the prior two months, thus there was a net gain of only 44k jobs progree Tuesday #2