{"id":165227,"date":"2025-06-07T14:56:16","date_gmt":"2025-06-07T14:56:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/165227\/"},"modified":"2025-06-07T14:56:16","modified_gmt":"2025-06-07T14:56:16","slug":"may-jobs-report-sends-mixed-signals-solid-payroll-gains-contrast-with-a-weaker-household-survey-and-a-continued-decline-in-federal-government-employment","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/165227\/","title":{"rendered":"May jobs report sends mixed signals: Solid payroll gains contrast with a weaker household survey and a continued decline in federal government employment"},"content":{"rendered":"

Below, EPI economists offer their insights on the jobs report released this morning, which showed 139,000 jobs added in May.\u00a0<\/p>\n

From EPI senior economist, Elise Gould:<\/strong><\/p>\n

Read the full thread here<\/a>.<\/strong><\/p>\n

\n

The latest BLS data out this morning suggests the labor market remains relatively resilient compared to softer measures though the household survey shows some signs of weakness.
\u2013 payroll jobs up 139k
\u2013 federal jobs down 22k
\u2013 labor force participation down 625k
#EconSky #NumbersDay @epi.org<\/p>\n

[image or embed]<\/a><\/p>\n

\u2014 Elise Gould (@elisegould.bsky.social<\/a>) Jun 6, 2025 at 7:47 AM<\/a><\/p>\n<\/blockquote>\n

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Payroll employment increased 139k in May, though there were notable downward revisions the past two months, a total of 95k fewer jobs in March and April than originally reported. Job growth was strong in health care and leisure and hospitality. The federal government lost 22k jobs in May.
#EconSky<\/p>\n

[image or embed]<\/a><\/p>\n

\u2014 Elise Gould (@elisegould.bsky.social<\/a>) Jun 6, 2025 at 7:57 AM<\/a><\/p>\n<\/blockquote>\n

\n

Employment in the federal govt fell 22k in April, down 59k since Jan. Even as bad as this is, the devastation to the federal workforce has yet to be fully realized because many workers are on administration leave and more recent federal UI claims data suggest further cutbacks.
#EconSky #NumbersDay<\/p>\n

[image or embed]<\/a><\/p>\n

\u2014 Elise Gould (@elisegould.bsky.social<\/a>) Jun 6, 2025 at 8:03 AM<\/a><\/p>\n<\/blockquote>\n

From EPI president Heidi Shierholz:<\/strong><\/p>\n

Read the full thread here<\/a>.<\/strong><\/p>\n

\n

Another \u201ctale of two surveys\u201d for #JobsDay. The payroll survey was solid\u2014139k jobs added\u2014while the household survey showed a huge drop in employment, -696k. (The unemp rate didn\u2019t rise because the drop in employment was masked by people dropping out of the labor force.) 1\/<\/p>\n

\u2014 Heidi Shierholz (@hshierholz.bsky.social<\/a>) Jun 6, 2025 at 7:45 AM<\/a><\/p>\n<\/blockquote>\n

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Remember that when the surveys are telling different stories, the rule of thumb is to put more weight on what the payroll survey says, since it is a much bigger survey. 2\/<\/p>\n

\u2014 Heidi Shierholz (@hshierholz.bsky.social<\/a>) Jun 6, 2025 at 7:53 AM<\/a><\/p>\n<\/blockquote>\n

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That said, the weak household survey could be giving us a glimpse of what the future holds, as the impact of Trump\u2019s foolish, cruel, chaotic policies begin to have real effects on the economy. 3\/<\/p>\n

\u2014 Heidi Shierholz (@hshierholz.bsky.social<\/a>) Jun 6, 2025 at 7:53 AM<\/a><\/p>\n<\/blockquote>\n

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It\u2019s worth noting that while the payroll survey was indeed solid, it nevertheless slowed, and there were downward revisions to prior data. Last #JobsDay, the three-month moving average was 155k. Today, it was 135k, a sizeable drop. 4\/<\/p>\n

\u2014 Heidi Shierholz (@hshierholz.bsky.social<\/a>) Jun 6, 2025 at 8:05 AM<\/a><\/p>\n<\/blockquote>\n

Sign up for EPI’s newsletter so you never miss our research and insights on ways to make the economy work better for everyone.<\/p>\n","protected":false},"excerpt":{"rendered":"Below, EPI economists offer their insights on the jobs report released this morning, which showed 139,000 jobs added…\n","protected":false},"author":2,"featured_media":165228,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3092],"tags":[51,897,16,15],"class_list":{"0":"post-165227","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-jobs","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114642667593108002","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/165227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=165227"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/165227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/165228"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=165227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=165227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=165227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}