{"id":701593,"date":"2026-07-03T11:51:12","date_gmt":"2026-07-03T15:51:12","guid":{"rendered":"https:\/\/goldtadise.com\/?p=701593"},"modified":"2026-07-03T11:51:12","modified_gmt":"2026-07-03T15:51:12","slug":"what-is-happening-with-the-us-labor-market-something-does-not-add-up-here-the-kobeissi-letter","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=701593","title":{"rendered":"What is happening with the US labor market? Something does not add up here.  The Kobeissi Letter"},"content":{"rendered":"<h4>The difference between nonfarm payrolls and the household survey was a massive 564,000 jobs in June.\u00a0This comes as Thursday\u2019s job report showed +57,000 non-farm payrolls were added last month.\u00a0At the same time, -507,000 Americans lost their job, the 3rd-largest drop since January 2024, according to the household survey.<\/h4>\n<p>Year-to-date, total employment in the household survey has declined -1.7 million, to 162.26 million, the lowest since December 2024.<\/p>\n<p><a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2073045447011160440\">https:\/\/x.com\/KobeissiLetter\/status\/2073045447011160440<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The difference between nonfarm payrolls and the household survey was a massive 564,000 jobs in June.\u00a0This comes as Thursday\u2019s job report showed +57,000 non-farm payrolls were added last month.\u00a0At the same time, -507,000 Americans lost their job, the 3rd-largest drop &hellip; <a href=\"https:\/\/goldtadise.com\/?p=701593\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2948,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-701593","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/701593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=701593"}],"version-history":[{"count":1,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/701593\/revisions"}],"predecessor-version":[{"id":701594,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/701593\/revisions\/701594"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=701593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=701593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=701593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}