US Companies Added Almost Half a Million Jobs in June

The transcript discusses the job forecast for June, highlighting the differences between ADP and BLS data. It notes significant job growth in leisure and hospitality, while manufacturing sees job losses. The discussion also covers the ISM's role in tracking service sector employment and ADP's new pay survey, which shows slowing wage growth. The Federal Reserve's interest in these metrics is also mentioned.

What was the significance of the ADP report in relation to the BLS numbers?

What was the reported job creation number in leisure and hospitality?

How did the overall pay for employees change according to the ADP pay survey?

What trend was observed in job changers' raises over the past months?

What does the Fed use to analyze employment data?