Job growth decelerated in June, with an increase of 57,000 jobs, marking a slowdown after three months of gains over 100,000, as revealed by a report from the U.S. Bureau of Labor Statistics. Revisions saw May’s job gains adjusted from 172,000 to 129,000, and April’s from 179,000 to 148,000. The unemployment rate dipped to 4.2%, the lowest since June 2025.
Elise Gould, senior economist at the Economic Policy Institute, noted that the drop in the unemployment rate was misleading as 720,000 individuals exited the labor force. Despite an expected boost of 40,000 jobs from the men’s World Cup, job increases remained weak. The sectors with the most job additions included business and professional services (36,000 jobs), social assistance (25,000 jobs), and healthcare (22,000 jobs).
Conversely, leisure and hospitality saw a reduction of 61,000 jobs, indicative of weaker seasonal summer hiring, according to the BLS. This trend raises questions about the robustness of the current job market and its implications for the economy.
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