June 2025 Sees Stronger Job Gains Despite Uncertainty

U.S. employers added 147,000 jobs in June 2025, surpassing expectations and pushing the unemployment rate down to 4.1%. Upward revisions added 16,000 jobs to prior months, showing continued labor market resilience. Gains were led by government hiring and healthcare, while manufacturing declined. The stronger-than-expected report reduced the likelihood of a July Fed rate cut.

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*Source: https://www.foxbusiness.com/economy/us-jobs-report-june-2025

On July 3, 2025, the Labor Department reported that U.S. employers added 147,000 jobs in June, outpacing economists’ expectations of 110,000. The unemployment rate dipped slightly to 4.1 %, lower than the projected 4.3 %. Revisions to previous months’ data showed upward adjustments: April’s gains rose by 11,000 and May’s by 5,000, bringing the cumulative upward revision to 16,000. Despite uncertainty around trade and monetary policy, the labor market delivered a much stronger performance than most anticipated.

Looking deeper, private payrolls climbed by 74,000, less than the expected 105,000. Government employment added 73,000, with gains largely driven at the state and local levels—especially in education—offsetting a modest federal job decline. Meanwhile, manufacturing lost 7,000 positions; healthcare added 39,300; and social assistance contributed 19,400 jobs. The labor force participation rate held steady at 62.3 %. Long-term unemployment rose to 1.6 million, making up 23.3 % of all unemployed, and 4.5 million workers remained in part-time roles for economic reasons. Economists viewed June’s robust gains as a reinforcement for the Federal Reserve to maintain rates, with the probability of a July rate cut falling sharply.