US economy blasts through expectations to add 147,000 jobs

5 pointsposted 12 hours ago
by v5v3

2 Comments

jfengel

11 hours ago

That contrasts sharply with ADP's figures from just yesterday.

https://www.axios.com/2025/07/02/adp-jobs-june-economy

The two figures are derived quite different and aren't entirely comparable, but they usually not that far removed from each other.

A change in methodology at the Bureau of Labor Statistics could account for that, and given the turmoil in the government I can't rule it out, but I hadn't heard of one.