Job market barely budges in July, past revisions signal warning for economy

[robosmith]

Job market barely budges in July, past revisions signal warning for economy

So what does Trump do to fix the economy? Fires the Commissioner of the BLS cause he can't stand BAD NEWS and doesn't know what else to do about it. LMAO

Quote

U.S. employment barely budged in July as the unemployment rate edged up, while prior job gains were revised to be much weaker than initially thought.

Why it matters: It is the first major economic indicator to point to danger ahead for the U.S. economy.

Driving the news: Employers added 73,000 jobs to their payrolls last month, the Labor Department said Friday.

• The unemployment rate was 4.2%, compared with 4.1% in June.

Threat level: The Labor Department announced massive downward revisions for job growth in May and June, changes they characterized as "larger than normal."

• The economy added just 19,000 in May, not the 144,000 the government initially reported.
• June job gains were revised down to 14,000, from the 147,000 first estimated.
• Taken together, employment over the prior two months is 258,000 lower than previously reported.
• In other words, job creation over the last three months was just 106,000 — the lowest rolling three-month total since the pandemic. Excluding 2020, it was the softest three months of job creation since late 2010.

Between the lines: The decline in payrolls growth is likely driven in significant part by less labor supply due to tighter immigration enforcement — immigrants with uncertain legal status either being deported, self-deporting, or staying away from their workplace.

• Federal Reserve chair Jerome Powell said in a news conference on Wednesday that "the main number you have to look at now is the unemployment rate," because job growth numbers are affected by both supply and demand factors.

Turns out the threat bragging about Trump's economy WAS LYING ABOUT IT and it's NOT "unstoppable." 🤮

 

 

Edited August 1, 2025 by robosmith

[robosmith]

Trump undermining trust in US economic data. 🤮

[paxamericana]

6 hours ago, robosmith said:

Fires the Commissioner

That's his lawful power to do so. They serve at the pleasure of the president. Qauterly job report however, does not reflect the full picture of the economy. You'll need to look at unemployment, investment spending, consumption spending to get a broader perspective. And to be fair, the job data is not bad since unemployment remains the same. This just mean that the labor market have weak demand and/or supply. 

[robosmith]

1 hour ago, paxamericana said:

That's his lawful power to do so. They serve at the pleasure of the president. Qauterly job report however, does not reflect the full picture of the economy. You'll need to look at unemployment, investment spending, consumption spending to get a broader perspective. And to be fair, the job data is not bad since unemployment remains the same. This just mean that the labor market have weak demand and/or supply. 

In reality UE ticked up a tenth to 4.2.

If it is NOT BAD, Trump would not have blown a gasket and fired the Commissioner.

Not that I expect you to acknowledge it, but Trump has unprecedentedly damaged the credibly of himself and his government.

Of course non-MAGA have long known that Trump has NO CREDIBILITY.

[gatomontes99]

Under Biden, she constantly had to revise his numbers down:

Forbes: U.S. Added 818,000 Fewer Jobs Than Previously Thought From March 2023 To March 2024, Government Says

Under Trump she's constantly revising them up. ADP indicates her numbers are wrong:

ADP National Employment Report: Private Sector Employment Increased by 104,000 Jobs in July; Annual Pay was Up 4.4%

This is the fake news the left wants the useful ìdiots to believe.  

 

 

 

[Nationalist]

7 hours ago, robosmith said:

In reality UE ticked up a tenth to 4.2.

If it is NOT BAD, Trump would not have blown a gasket and fired the Commissioner.

Not that I expect you to acknowledge it, but Trump has unprecedentedly damaged the credibly of himself and his government.

Of course non-MAGA have long known that Trump has NO CREDIBILITY.

@gatomontes99 is correct.

Did you whine when Brandon had revised numbers? No.

No go wash those crusty cum stains out of your panties.

[Michael Hardner]

The idea that revisions are abnormal is part of the the bilateral effort to delegitimize established vessels of objective information. 

Statistical adjustment is a normal part of managing this information. 

Democrats and Republicans are disadvantaged by objective information existing. 

Just as Israel and Palestine are. 

The amount of effort to rebuild these building blocks of political discussion will be massive.

[Shady]

This is what putting your country first looks like.

 

[gatomontes99]

2 hours ago, Michael Hardner said:

The idea that revisions are abnormal is part of the the bilateral effort to delegitimize established vessels of objective information. 

No. The idea that the revisions benefit the perception for one party is what is the problem here. She was intentionally reporting higher than actual data every month under Biden. Then the PMSLSDs and CNNs would dutifully report how great the jobs report was. When the down revision came out the next month, nary a word from the propaganda arms of the DNC. 

She has been intentionally lying for the political benefit of the Democrats from day one. 

[robosmith]

3 hours ago, Nationalist said:

@gatomontes99 is correct.

Did you whine when Brandon had revised numbers? No.

No go wash those crusty cum stains out of your panties.

You're an lDIOT. 

My condemnation of Trump has NOTHING TO DO with REVISED NUMBERS.

Since you FAIL to UNDERSTSAND (as usual) I'll spell it out for you:

Trump is shooting the messenger. AKA NOT fixing the PROBLEM. Double Duh.

Like lDIOTS here who pretend the economy is gangbusters, Trump is trying to con the people into believing that HIS economy is NOT sinking fast. Gawd you are stupid.

[Michael Hardner]

52 minutes ago, gatomontes99 said:

1. No. The idea that the revisions benefit the perception for one party is what is the problem here. She was intentionally reporting higher than actual data every month under Biden.  

She has been intentionally lying for the political benefit of the Democrats from day one. 

1. How do you know that wasn't reality? Sometimes it benefits the government. Sometimes it doesn't. What evidence you have that there was impropriety happening?

You know what's going to happen after this right? Trump is going to install loyalist and the Democrats will not accept official members any longer. And then the public will have no objective barometer of what is happening with the economy. 

Mathematicians are notoriously honest, intellectually speaking.  There are enough of them in the world that should be able to look at the numbers and determine if the seasonal adjustment was done incorrectly, and as a trend.

[robosmith]

56 minutes ago, gatomontes99 said:

No. The idea that the revisions benefit the perception for one party is what is the problem here. She was intentionally reporting higher than actual data every month under Biden. Then the PMSLSDs and CNNs would dutifully report how great the jobs report was. When the down revision came out the next month, nary a word from the propaganda arms of the DNC. 

She has been intentionally lying for the political benefit of the Democrats from day one. 

Of course you POST ZERO EVIDENCE for ^these OPINIONS. 

You cannot because you are JUST SPECULATING motivated by your PARTISANSHIP.

IF you were RATIONAL, you would understand that BUSINESSES have been hesitant to hire due to Trump's ERRATIC trade war behavior.

That is the consequence of a NEOPHYTE NARCISSIST who FAILS to understand that BUSINESS AHBORS UNCERTAINTY in the policy environment. Hiring is always risky, and MUCH MORE SO when you don't know whether Trump is going to destroy the economy with his trade WARS. 

[Deluge]

19 hours ago, robosmith said:

Job market barely budges in July, past revisions signal warning for economy

So what does Trump do to fix the economy? Fires the Commissioner of the BLS cause he can't stand BAD NEWS and doesn't know what else to do about it. LMAO

Turns out the threat bragging about Trump's economy WAS LYING ABOUT IT and it's NOT "unstoppable." 🤮

 

 

That's OK. The woke virus is diminishing, and we're getting into full scale war on illegal invasion. Things are still looking up!  

[Nationalist]

35 minutes ago, robosmith said:

You're an lDIOT. 

My condemnation of Trump has NOTHING TO DO with REVISED NUMBERS.

Since you FAIL to UNDERSTSAND (as usual) I'll spell it out for you:

Trump is shooting the messenger. AKA NOT fixing the PROBLEM. Double Duh.

Like lDIOTS here who pretend the economy is gangbusters, Trump is trying to con the people into believing that HIS economy is NOT sinking fast. Gawd you are stupid.

I'm not the one bemoaning the POTUS and doubling down on the stupidity that lost you goofs the election.

Thus any slags by any of you mean absolutely zero.

The economy is better now that under you limp prices. 

Enjoy that.

[robosmith]

48 minutes ago, Nationalist said:

I'm not the one bemoaning the POTUS and doubling down on the stupidity that lost you goofs the election.

Thus any slags by any of you mean absolutely zero.

The economy is better now that under you limp prices. 

Enjoy that.

It was Biden who brought down COVID inflation and Trump is RAISING IT AGAIN with TARIFFS (about to hit). Duh

IOW, you KNOW NOTHING about what is happening HERE.

[Nationalist]

4 minutes ago, robosmith said:

It was Biden who brought down COVID inflation and Trump is RAISING IT AGAIN with TARIFFS (about to hit). Duh

IOW, you KNOW NOTHING about what is happening HERE.

Lol...I believe the tariff thing has worked. The USA now has much more fair trade deals with pretty much every other nation. Investment in manufacturing is up substantially as well.

Brandon brought down nothing more than his own political party and as a result, the Dumbocrats are now ruled by notions of complete social and cultural upheaval.  They are captives of a very obnoxious group of "whiney little b1tches" who, for instance, think flooding their own homeland with millions of people from all over the world, in a very short period of time...and lying to their own people the entire time...is a "good" thing to do.

They also get freaked right out about cute word play in a TV ad about jeans.

In short, the Dumbocrats are the architects of their own demise.

[Shady]

2 hours ago, robosmith said:

Of course you POST ZERO EVIDENCE for ^these OPINIONS. 

You cannot because you are JUST SPECULATING motivated by your PARTISANSHIP.

IF you were RATIONAL, you would understand that BUSINESSES have been hesitant to hire due to Trump's ERRATIC trade war behavior.

That is the consequence of a NEOPHYTE NARCISSIST who FAILS to understand that BUSINESS AHBORS UNCERTAINTY in the policy environment. Hiring is always risky, and MUCH MORE SO when you don't know whether Trump is going to destroy the economy with his trade WARS. 

She pumped up job numbers for the Biden administration, and then was forced to revise away 800,000 jobs last September.  The second worst revision in American history.

[robosmith]

5 minutes ago, Shady said:

She pumped up job numbers for the Biden administration, and then was forced to revise away 800,000 jobs last September.  The second worst revision in American history.

Trump is RESPONSIBLE for that revision with his ERRATIC TRADEWAR BEHAVIOR. 

Do you know ANYTHING about how the BLS gathers its data?

TWO SURVEYS. 

1. Businesses hires

2. Citizens working jobs.

AKA always the SAME methods. Duh

[gatomontes99]

3 hours ago, Michael Hardner said:

1. How do you know that wasn't reality? Sometimes it benefits the government. Sometimes it doesn't. What evidence you have that there was impropriety happening?

It is a one sided benefit for over 4 years. If it was 60/40 or 70/30, I could get in board with it being fair. But it was 100% in favor of the Ds over the Rs. 

3 hours ago, Michael Hardner said:

You know what's going to happen after this right? Trump is going to install loyalist and the Democrats will not accept official members any longer. And then the public will have no objective barometer of what is happening with the economy. 

Oh...now that's going to happen? That hasnt already happened? So when Biden installed a radical loyalist that faked the numbers, that was cool. But Trump putting anyone else in is somehow untoward? 

 

3 hours ago, Michael Hardner said:

Mathematicians are notoriously honest, intellectually speaking.  There are enough of them in the world that should be able to look at the numbers and determine if the seasonal adjustment was done incorrectly, and as a trend.

They have and they did. 

In the most recent month, for instance, the government’s Household Survey reported that 161.26 million civilians were employed, compared to 161.2 million in July 2023 — indicating almost no increase over year-over-year. That certainly does not jibe with reported monthly job gains of almost 242,000 on average. 

 

[gatomontes99]

3 hours ago, robosmith said:

Of course you POST ZERO EVIDENCE for ^these OPINIONS. 

You cannot because you are JUST SPECULATING motivated by your PARTISANSHIP.

IF you were RATIONAL, you would understand that BUSINESSES have been hesitant to hire due to Trump's ERRATIC trade war behavior.

 

Well, that's @robosmith 's fantasy. Let's talk reality. 

Biden Administration Job Growth Numbers Are Subsidized By Record Numbers Of Government Jobs — 25% of New Jobs Are In Government

While Trump: 

Nearly 150,000 Federal Workers Have Left Under Trump, New Analysis Shows

Joe had 10 of 12 months downgraded in one year. That isn't possible. If these people were being honest, they would have had far better numbers. And it wasn't just a few jobs. it was 28% of the workforce they claimed they had created. That isn't an accident. That was fake news. 

Just like Obama having the FBI and CIA fake Russia Gate. You see, they knew that the useful idìots on the left would eat up that information and spit it out, without questioning it after Russia gate. So what does it hurt to lie about Jobs numbers to get a good soundbite that will never be corrected? 

Oh, but there is no evidence, you whine. Yes there is. You just refuse to read it because, as the resident useful idìot, you play that appeal to authority fallacy like it's the gospel. You don't want to question the numbers, even when private, non-political organizations like ADP come out with opposing data. 

[robosmith]

25 minutes ago, gatomontes99 said:

It is a one sided benefit for over 4 years. If it was 60/40 or 70/30, I could get in board with it being fair. But it was 100% in favor of the Ds over the Rs. 

Oh...now that's going to happen? That hasnt already happened? So when Biden installed a radical loyalist that faked the numbers, that was cool. But Trump putting anyone else in is somehow untoward? 

 

They have and they did. 

In the most recent month, for instance, the government’s Household Survey reported that 161.26 million civilians were employed, compared to 161.2 million in July 2023 — indicating almost no increase over year-over-year. That certainly does not jibe with reported monthly job gains of almost 242,000 on average. 

^OPINION column from FOS LIES columnist, is NOT PROOF that the surveys were rigged.

Quote

Has the Biden-Harris White House been cooking the books, as some have claimed? Maybe, but there is another possible explanation for the significant downward revision in the jobs number — equally unflattering to the administration and its happy-talk about the economy. 

Simply put, many middle-class workers have taken on multiple jobs and are struggling to make ends meet. Those extra shifts are included in the Bureau of Labor Statistics data as multiple jobs; they are, in reality, just overworked Americans trying to navigate the Biden-Harris inflation tsunami.

 

[gatomontes99]

16 minutes ago, robosmith said:

^OPINION column from FOS LIES columnist, is NOT PROOF that the surveys were rigged.

Yeah. I posted the facts she used as the basis for her opinion and not the opinion. You just cant refute the facts so you pull this intellectually dishonest tripe in hopes I'll take the bait. I didn't. Your inability to refute the facts and data means you forfeit the point.

[herbie]

No no what's happening before my eyes isn't real I don't want to believe it waaah waaahh fake news!

Why not go full Donnie Dumbdumb and fire the person who delivered the news? That'll fix everything!

[Michael Hardner]

39 minutes ago, gatomontes99 said:

1. It is a one sided benefit for over 4 years. If it was 60/40 or 70/30, I could get in board with it being fair. But it was 100% in favor of the Ds over the Rs. 

2. So when Biden installed a radical loyalist that faked the numbers, that was cool. But Trump putting anyone else in is somehow untoward? 

 

3. In the most recent month, for instance, the government’s Household Survey reported that 161.26 million civilians were employed, compared to 161.2 million in July 2023 — indicating almost no increase over year-over-year. That certainly does not jibe with reported monthly job gains of almost 242,000 on average. 

 

1. Flipping a coin 50 times, it's not that unusual for 60/ 40 split. And not evidence of malfeasance. 

2. You have to have evidence that there was cheating.

3. This example is strange because it's exactly what happened with Trump's numbers. So why is that evidence of cheating and what happened this time isn't? In both cases.... The case I read at the top of your article and the recent one.... In both cases, the estimates were adjusted downwards.

[Michael Hardner]

Actually, it reminds me what used to happen with temperature adjustments in climate science: 

When satellite readings were adjusted downwards, the climate deniers would say that the scientists got "caught".

When satellite readings were adjusted upwards, the climate deniers would say the scientists were cheating by raising the temperature readings. 

Statistical adjustments, seasonal adjustments etc. Have to happen as part of the process. You have to trust that the people in the job are being professional.  Of course I don't trust that Trump will put an objective person in, but then I become part of the problem too at that point.