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cover of episode Is the U.S. Job Market Weaker Than It Looks?

Is the U.S. Job Market Weaker Than It Looks?

2025/7/2
logo of podcast WSJ What’s News

WSJ What’s News

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Becky Peterson
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Justin Lahart
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Lisa Lin
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Justin Lahart:我认为目前的美国就业市场可能比表面上看起来要疲软。劳工部发布的就业数据可能存在高估,因为每个月的数据都会向下修正。小型公司由于面临不确定性和关税等问题,可能会比大型公司更大幅度地减少招聘。家庭调查数据也显示就业增长放缓。此外,移民数量的减少也是一个影响因素,这可能会影响未来的GDP增长。总的来说,这意味着GDP增长可能不如过去那样快,这对我们的人口老龄化问题来说不是一个理想的情况。

Deep Dive

Chapters
The ADP report showed a decline of 33,000 jobs, contradicting expectations. Economist Justin Lahart discusses why the official job numbers might be misleading and points to factors like slower immigration and an aging population impacting growth.
  • ADP report shows 33,000 job cuts, against expectations
  • Labor Department's survey might overstate job growth due to response bias from companies
  • Slower immigration impacting job market
  • Aging population hindering economic growth

Shownotes Transcript

P.M. Edition for July 2. The U.S. has been adding jobs at a respectable clip, though the pace has been slowing. But WSJ economics reporter Justin Lahart) reports that the labor market is showing other signs of softness). Plus, Tesla reports disappointing second quarter numbers), following months of declining sales. WSJ reporter Becky Peterson) discusses why investors are still optimistic about the company. And Sean “Diddy” Combs was found not guilty of racketeering and sex trafficking but was convicted of less serious offenses). Alex Ossola hosts.

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