Employers added 57,000 jobs in June, far below forecasts as hiring slowed
Hiring slowed as businesses cut back in leisure and hospitality, while health care and government still added jobs, the Labor Department said.
- On Thursday, July 2, 2026, the Labor Department reported U.S. employers added 57,000 jobs in June while the unemployment rate fell to 4.2%, marking a sharp slowdown from spring's stronger hiring pace.
- Hiring slowed significantly from spring gains as April and May payrolls were revised downward by 74,000 jobs combined, while leisure and hospitality shed 61,000 positions in June.
- Healthcare added nearly 47,000 positions, though wage growth of 3.5% failed to match inflation remaining above 4%, according to the Bureau of Labor Statistics report.
- Chief Investment Officer Chris Zaccarelli called the report a "stark reversal," saying "there were a lot less jobs created than expected," which could increase odds the Federal Reserve leaves rates on hold.
- Structural frictions persist as ZipRecruiter labor economist Nicole Bachaud noted that "companies are increasingly posting jobs seeking more senior, experienced workers," while job seekers gravitate toward entry-level roles.
145 Articles
145 Articles
New jobs report reveals a shift that could affect millions of Americans
WASHINGTON — Hiring across the United States slowed significantly in June, adding fewer jobs than economists had expected and signaling that employers are becoming more cautious as the economy faces ongoing uncertainty. The latest figures from the Labor Department showed nonfarm payrolls increased by 57,000 jobs during the month, well below most forecasts and slower than May’s revised total.
Film and Sound Recording Industries Shed 3,600 Jobs in June
The motion picture and sound recording industries shed a combined 3,600 jobs in June for a total of 321,700, according to the latest report from the U.S. Bureau of Labor Statistics. Meanwhile, broadcast and content providers added 1,400 jobs for a total of 336,900. Overall, the U.S. economy added a lower than expected 57,000 jobs. The major gains were in professional and business services, social assistance and health care, while employment in l…
Hastings Tribune
US employers still reluctant to add many jobs as hiring slows in June
U.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook. The Labor Department said Thursday that the unemployment rate declined…
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