Employment Situation

June 2025 | Released July 03, 2025


+147K
Change in nonfarm payroll jobs
Apr 2025 to May 2025
-0.1 percent
Change in unemployment rate
Apr 2025 to May 2025
-0.1 percent
Change in labor force participation rate
Apr 2025 to May 2025


From May 2025 to June 2025:





From May 2025 to June 2025:



From June 2024 to June 2025:



From June 2024 to June 2025:

  • For all employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 3.41 percent.
    • Average nominal hourly earnings increased by 3.71 percent.
  • For production and nonsupervisory employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 3.27 percent.
    • Average nominal hourly earnings increased by 3.89 percent.


Table 1. Labor Indicators

Jun 2025 May 2025 M/M change Jun 2024 Y/Y change
Payroll jobs
Nonfarm 159.724M 159.577M 147K 157.915M 1.809M
Private 136.026M 135.952M 74K 134.571M 1.455M
Unemployment
Official rate (U-3) 4.1% 4.2% -0.1pp 4.1% 0.0pp
Broader rate (U-6) 7.7% 7.8% -0.1pp 7.4% 0.3pp
Labor force participation rate
16 years and over 62.3% 62.4% -0.1pp 62.6% -0.3pp
Prime age (25-54 years) 83.5% 83.4% 0.1pp 83.7% -0.2pp
Employment-to-Population Ratio 59.7% 59.7% 0.0pp 60.0% -0.3pp


Table 2. Earnings Indicators

Jun 2025 May 2025 M/M change Jun 2024 Y/Y change
Production and non-supervisory
Hourly earnings $31.24 $31.15 0.29% $30.07 3.89%
Weekly earnings $1,046.54 $1,049.76 -0.31% $1,013.36 3.27%
All employees
Hourly earnings $36.30 $36.22 0.22% $35.00 3.71%
Weekly earnings $1,241.46 $1,242.35 -0.07% $1,200.50 3.41%


Table 3. Revisions

1st 2nd 3rd Net revision
Nonfarm jobs added
May 2025 139K 144K 5K
April 2025 177K 147K 158K -19K
March 2025 228K 185K 120K -108K


Table 4. Comparison to ADP Estimate

BLS ADP Difference
Private nonfarm jobs added 74K -33K 107K



Job Openings and Labor Turnover Survey

May 2025 | Released July 01, 2025

+374K
Change in nonfarm job openings
May 2025 to Jun 2025
-112K
Change in nonfarm hires
May 2025 to Jun 2025
-71K
Change in nonfarm separations
May 2025 to Jun 2025


Job Openings: The total number of nonfarm job openings increased by 374K to 7.77 million, and the rate increased by 0.2 percentage points to 4.6 percent.


Hires: The total number of nonfarm hires decreased by 112K to 5.50 million, and the rate decreased by 0.1 percentage points to 3.4 percent.


Separations: The total number of nonfarm separations decreased by 71K to 5.24 million, and the rate remained unchanged at 3.3 percent.


Table 5. JOLTS Level Indicators

May 2025 Apr 2025 M/M change May 2024 Y/Y change
Job openings level
Nonfarm 7.769M 7.395M 374K 7.901M -132K
Private 6.936M 6.562M 374K 6.852M 84K
Hire level
Nonfarm 5.503M 5.615M -112K 5.573M -70K
Private 5.164M 5.259M -95K 5.204M -40K
Separation level
Nonfarm 5.242M 5.313M -71K 5.314M -72K
Private 4.892M 4.981M -89K 4.966M -74K


Table 6. JOLTS Rate Indicators

May 2025 Apr 2025 M/M change May 2024 Y/Y change
Job openings rate
Nonfarm 4.6% 4.4% 0.2pp 4.8% -0.2pp
Private 4.9% 4.6% 0.3pp 4.8% 0.1pp
Hire rate
Nonfarm 3.4% 3.5% -0.1pp 3.5% -0.1pp
Private 3.8% 3.9% -0.1pp 3.9% -0.1pp
Separation rate
Nonfarm 3.3% 3.3% 0.0pp 3.4% -0.1pp
Private 3.6% 3.7% -0.1pp 3.7% -0.1pp


Upcoming releases


Date Time Release Data source
Jul 08 10:00 AM Monthly Debt Update, July 2025 U.S. Treasury
Jul 14 10:00 AM Monthly Fiscal Update, June 2025 U.S. Treasury
Jul 15 08:30 AM Monthly Inflation Update, June 2025 Bureau of Labor Statistics
Jul 18 10:00 AM State Employment Update, June 2025 Bureau of Labor Statistics
Jul 30 08:30 AM Monthly GDP Update, Q2 2025 Advance Estimate Bureau of Economic Analysis
Jul 31 08:30 AM Monthly Expenditures Update, June 2025 Bureau of Economic Analysis
Aug 01 08:30 AM Monthly Employment Update, July 2025 Bureau of Labor Statistics



Notes


Source: Bureau of Labor Statistics; ADP National Employment Report; JEC Republicans calculations

“pp” = percentage points; “M/M” = month over month; “Y/Y” = year over year

Consistent with the Bureau of Labor Statistics, monthly figures are seasonally adjusted. Discrepancy in change figures is possible due to rounding.