Surge in Government Jobs Impacts July Rate Cut Outlook

This podcast discusses the hilarious jobs report released on a Friday, which dashed hopes for a rate cut in July due to a significant surge in government jobs. Without the government hiring, the overall job creation would have been only 74,000. Oh, the irony of 2025!

For those who prefer a YouTube channel, HousingWire has its own YouTube channel, and both podcasts will be available there each week. Starting in July, we will be on now 4 times a week.

I also wrote about the recent jobs report, which included a variety of charts.

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Epictetus

Logan Mohtashami is a Lead Analyst for Housing Wire, covering the U.S. economy with a specialization in the housing market.