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Liesman: State, local government hirings buoyed nonfarm payroll data
CNBC Television· 2025-07-03 13:33
off in the equity trade. Back to you. >> All right, Steve, let's bring you in here.What's your outlook in terms of the impact on July September, which was pretty much a foregone conclusion. >> I think this is a very mixed report, Melissa. I, I, I have to point out, I don't even know if President Trump is going to like this report.Why 73,000 of the job gains were government. Now it was minus eight on the federal side, plus 40 on the state side. I think it was plus 20 or 30 on the local side.So what you have ...