In June, the difference between the Nonfarm Payrolls report and the Household Survey grew to 564,000 jobs, the largest gap seen in recent months. The official employment report for the week showed only 57,000 new nonfarm jobs added, while the Household Survey indicated that 507,000 Americans lost their jobs— the third largest decline since January 2024.
The Household Survey, which counts each worker only once even if they hold multiple jobs, has recorded a cumulative drop of 1.7 million employed people since the start of the year, bringing the total to 162.26 million, the lowest level since December 2024.
Conversely, the payroll data show an increase of 552,000 nonfarm jobs, raising the total to a record 158.98 million.
The two data sets do not align, revealing a significant inconsistency in the U.S. labor market figures.