A tale of two jobs reports
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 3 July 2025
⏱️ 16 minutes
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Summary
The Labor Department today reported the United States added 147,000 jobs in June. The number beat economists expectations, and it sits in stark contrast to yesterday’s ADP report which showed private sector lost 33,000 jobs last month. So what gives? We’ll explain what the two reports can tell us about the labor market right now. And, President Trump’s immigration crackdown could lead to more federal surveillance on all Americans. Plus, we want to hear about the wins in your life!
Here’s everything we talked about today:
- "ADP report June 2025: Private sector lost 33,000 jobs, missing expectations" from CNBC
- "Republican Budget Bill Signals New Era in Federal Surveillance" from Tech Policy Press
- "Steady Hiring Added 147,000 Jobs to U.S. Economy in June" from The Wall Street Journal
- "Can We Trust a Jobs Report From the Trump Administration? Yes, With Caveats." from The New York Times
Got a question for the hosts? Call 508-U-B-SMART or email makemesmart@marketplace.org.
Transcript
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| 1:38.0 | Hello, everyone. |
| 1:39.0 | I'm Kimberly Adams. |
| 1:40.0 | Welcome back to Make Me Smart, where we make today make sense. |
| 1:43.5 | And I'm Rie McGrace. Thank you, everyone, for joining us on this Thursday, July 3rd. |
| 1:48.7 | Yes, it is a news and smiles kind of day, one day out from the 4th of July. |
| 1:53.2 | So let's get into it. |
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