this post was submitted on 03 Jul 2025
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The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses […]

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[–] WatDabney@sopuli.xyz 1 points 2 weeks ago

And as I point out every time they tout this number, without context, it means nothing.

What was the change in the overall US labor pool for the same month?

This is only actually job "growth" if fewer than 147,000 people were added to the labor pool. If exactly 147,000 people were added to the labor pool, then it's only managing to keep pace, and if more than 147,000 people were added, it's actually a net loss.