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I used to have multiple recruiters reach out to me daily on LinkedIn regarding software engineering positions.

And this was for multiple years.

That hasn't been the case for the last 3 or 4 months.

None of this surprises me and it shouldn't for others.

I'm about to lose my job too. The job market looks terrible.

The ADP payroll report is noise. It is based on the payroll data from ADP only. The assumption of this report is that companies that use ADP to process their payroll are completely representative of the entire economy and that there is no regional, sector, or company stage bias to their customers. A firm with ADP laying employees off and 3 new firms with the same number of employees being founded and using a different payroll provider would be reported as a "loss" here. Maybe the private sector did lose jobs, but I wouldn't use this report to find out.

https://wellsfargo.bluematrix.com/docs/html/c42ca8a8-178f-40... | https://archive.today/BhC0n

This administration will drag this country into the gutter.

ADP is usually off by a good amount. Wondering why the jobs report posted today isn't trending but this story still is? https://www.cnbc.com/2025/07/02/stock-market-today-live-upda...

So rate cut incoming? :p

We really need better ways of measuring economic health. I could lose my six-figure job, turn around, and get hired on as a server at Applebee's for minimum wage, and the "unemployment" rate would stay the same. Not to mention that it doesn't include those not actively looking for work.

Either way, "full employment" doesn't mean much unless you take into account whether people are actually able to live a stable lifestyle or are burning the candle at both ends just to put food on the table. One of these enables folks to buy nonessentials and fund all those sectors of the economy, the other doesn't.

The actual report: https://adp-ri-nrip-static.adp.com/artifacts/us_ner/20250702...

Goods-producing companies were net hirers (+32,000). Services lost 66,000 jobs, with losses concentrated in professional/business services (-56,000) and education/health services (-52,000).

Regionally, losses were concentrated in the West North Central Midwest (-28,000), South Atlantic (-21,000) and Mountain states (-20,000). (Map with old data [2].)

Firms with 1 to 50 employees and 250 to 499 employees laid people off while smaller mid-size and large companies were net hirers.

“Year-over-year pay growth for job-stayers was little changed for June at 4.4 percent compared to 4.5 percent in May. Pay growth for job-changers was 6.8 percent in June, down slightly from 7.0 percent last month.” (Pay growth was highest in finance, +5.2%, and lowest in information services, +4.1%.)

[2] https://pbs.twimg.com/media/FtCw0itWYAQSzri.png

I've applied casually to around 30 listings(I'm EU based) throughout last 2-3 months, all of which I was almost a perfect candidate for(9 years total exp). I received 2 automatic 'no's and 1 phone call + assignment for which I'm still waiting for a response. Everything else straight up ghosted me, not even confirmation emails of received resumes. Some of those companies even re-newed their listings afterwards. I feel like 80% of job listings are just straight up fake to keep VC's believing.

The fun part is when it's revised down 60,000 in two months.

For completeness, I would suppose those are USA jobs...

Not Canadian or EU or South America or SouthEast Asia etc etc jobs.

Is it too early to link that bad economic performance with the catastrophic management style of their current administration?

At least the public sector is strong.

Just one data point to add -- the small firm (~150 ppl) I'm currently working at recently laid off 25 people. The reasoning was there are dark clouds in the horizon in the housing market (the company is related to real estate btw).

The media should be reporting U6 and labour force participation rate, not U3.

> But the contraction was capped by payroll expansions in goods-producing roles across industries such as manufacturing and mining. All together, goods-producing positions grew by 32,000 in the month, while payrolls for service roles overall fell by 66,000.

Is this tariffs working as intended?

When the government is robbing all consumers with tariffs, more bad news will come …

Important: "[payroll processing firm] ADP's report has a spotty track record on predicting the subsequent government jobs report"

this confusing because it was posted that jobs were gained?

https://www.nytimes.com/2025/07/03/business/what-to-know-abo...