US Adds 147,000 Jobs; ADP Reports Private Job Loss

In June 2025, the US economy added 147,000 jobs, beating expectations, and the unemployment rate fell slightly to 4.1% from 4.2%. State government and healthcare sectors saw notable job gains, while the federal government lost 7,000 jobs in June and 69,000 since January. Average hourly wages increased modestly, but the average workweek for private payrolls shortened. Despite overall job growth, manufacturing and business services sectors experienced declines. Payroll firm ADP reported a contrasting loss of 33,000 private sector jobs, suggesting possible employer hesitancy. Economists warn that the labor market may soon become more sensitive to disruptions from trade policies and tariffs.