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(July 2025) Blowout June Payrolls: 147K Jobs Added, Smashing Expectations; Unemployment Rate Drops

Discussion in 'Too Hot for Swamp Gas' started by ETGator, Jul 3, 2025 at 11:25 AM.

  1. gator_jo

    gator_jo GC Hall of Fame

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    Well, no, not really.

    For example, when @WarDamnGator posted that Donald Trump yesterday lied about the price of gas .... they referred to the source of the comment lie (Trump). Similarly @G8tas reported the source.

    For another example, whoever it may have been who started a thread on Donald Trump lying that immigrants were eating dogs did not actually ...... say themselves that immigrants were eating dogs. They merely reported on someone else who said lied that.

    But yes, it certainly can get complicated.
     
  2. docspor

    docspor GC Hall of Fame

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    AI thinks Molly Tuttle is married to Kyle Tuttle. They never even dated.

    AI overview:
    Yes, Molly Tuttle is married to Kyle Tuttle. They are not related, despite sharing the same last name. They were married in 2016. Kyle Tuttle also plays banjo with Molly Tuttle in her band, Golden Highway.

    & simultaneously sez
    AI Overview
    While there are reports that Molly Tuttle is in a romantic relationship with Ketch Secor, there's no public information indicating they are married. Secor is known for his work with Old Crow Medicine Show. They are reported to collaborate on music and occasionally tour together.

    She & Ketch are a thing.
    [​IMG]
     

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  3. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    According to the ADP report it did. And the federal report backs it up with extremely weak private sector job numbers. For private sector jobs, I'll take ADP, with its massive payroll database, over the federal report any day.

    https://www.washingtonpost.com/busi...-reserve-economic-benchmarks-data-challenges/

    U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, the crucial data points that help the Federal Reserve assess the economy’s health and guide interest rate decisions.

    The problems have led staff at certain agencies to rely more on statistical estimates than hard data, potentially fueling volatility in benchmarks, particularly for inflation readings from the Labor Department. Falling response rates to government surveys, coupled with pandemic-driven seasonal quirks and long-standing budget strains, have made it harder to collect and analyze reliable data — including for an employment report due Thursday. Agencies have also shed staff through early retirements, deferred resignations and normal attrition.
     
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  4. gaterzfan

    gaterzfan GC Hall of Fame

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    Likely no interest rate cut in the next cycle.
     
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  5. vaxcardinal

    vaxcardinal GC Hall of Fame

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    Oh great, the sky is falling again
     
  6. surfn1080

    surfn1080 Premium Member

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    This report doesn’t make sense. Seasonal adjustments for local and state in June?? While school is out?

    Also, when is 147k jobs added a blowout?

    ADP showed small businesses lost jobs but bls birth/death model
    found positive job growth for small businesses

    Healthcare continues to dominate which doesn’t really indicate a good labor market.
     
    Last edited: Jul 4, 2025 at 4:18 AM
  7. tampajack1

    tampajack1 Premium Member

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    Are you confessing to constantly saying things that are not true?
     
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  8. okeechobee

    okeechobee GC Hall of Fame

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    Doubters…this is your chance. Bend the knee. Submit to his rule.
     
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  9. SotaGator

    SotaGator GC Legend

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    Or what?
     
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  10. gaterzfan

    gaterzfan GC Hall of Fame

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    Wait …. when improvements in employment during the Biden administration were driven by increases in healthcare and government jobs …. it was considered a great report. When did the characterization of good/bad for the jobs report change?

     
  11. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    In spite of Powell... Trump needs to just select another "shadow" fed chair...