US EditionJune Jobs Report Shows Crack in Private Sector as Immigration Slows
- In June, the U.S. economy saw an increase of 147,000 jobs, leading the unemployment rate to decline to 4.1%, as revealed in data published on Thursday.
- This job growth exceeded economists' expectations despite a slowdown influenced by reduced immigration and economic uncertainty from tariffs and policy changes.
- Government jobs expanded by 73,000 including state and local education positions, while the private sector underperformed with 74,000 jobs added and manufacturing losing 7,000 jobs.
- In June, average hourly earnings increased by 0.2 percent compared to May and were 3.7 percent higher than the previous year, while the number of individuals classified as long-term unemployed rose to 1.6 million.
- The data suggests a stable labor market but raises concerns about sustained private sector growth amid demographic shifts and ongoing policy uncertainty.
14 Articles
14 Articles
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The U.S. jobs report released Thursday shattered expectations, with 147,000 new jobs added, well above the Dow Jones forecast from economists that had predicted 110,000 […] Source
Labor Market "Like The Energizer Bunny," Says CNN Reporter, As 147,000 Jobs Added
U.S. Jobs Market Defies Expectations, Shows Surprising Resilience in June The U.S. labor market continues to prove its remarkable resilience, with the economy adding a stronger-than-anticipated 147,000 nonfarm payroll jobs in June, according to data released Thursday by the Bureau of Labor Statistics (BLS). This figure, coupled with a surprising drop in the unemployment rate, […] Labor Market “Like The Energizer Bunny,” Says CNN Reporter, As 147…
NEW: Trump Vindicated Again By Jaw-Dropping Jobs Report
The Trump economy once again bested economists’ expectations for the month of June, posting a stellar explosion of jobs that further fuels a growing narrative that turbulence from the president’s tariffs is mostly behind the country now. Steady hiring by U.S. employers last month resulted in 147,000 jobs being added across all nonfarm sectors, the U.S. Labor Department reported on Thursday. Economists polled by the Wall Street Journal expected j…
The U.S. economy was in good shape in June, with the Labor Department reporting on Thursday that the country added 147,000 jobs. The latest jobs data strongly beat analysts' expectations.
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