May/June Job Growth Virtually Vanishes, Is July Next?
4 Articles
4 Articles
U.S. job growth steady but slowing as small businesses struggle to hire
U.S. job growth remained steady in June, with 147,000 new positions added, above this year’s monthly average but below last year’s pace, while small businesses continue to face hiring difficulties, according to data from the Bureau of Labor Statistics (BLS) and the National Federation of Independent Business (NFIB). The BLS reported June job gains exceeded the first half of 2025’s average monthly increase of 130,000 but fell short of 2024’s mont…
US Economy at ‘Stall Speed,’ Warns Goldman Sachs As Labor Department Slashes June Jobs Growth by 90% - The Daily Hodl
A Goldman Sachs executive is warning that the US economy is losing momentum after a sharp downward revision in job creation over the past few months. On Friday, the Bureau of Labor Statistics (BLS) revised down the job growth figures for June from 147,000 to 14,000, a 90% drop. Figures for May were also revised down from 144,000 to 19,000, bringing the combined two-month downward revision to 258,000 jobs. In a new CNBC interview, Goldman Sachs c…
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