US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the monthSign up for the Breaking News US newsletter emailUS job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau of Labor Statistics revised its figures from the past two months down by a total of 74,000.The country’s unemployment rate dropped slightly to 4.2%, but the number of unemployed people changed little, according to t
Overview
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month
US job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau of Labor Statistics revised its figures from the past two months down by a total of 74,000.
Details
The country’s unemployment rate dropped slightly to 4.2%, but the number of unemployed people changed little, according to the latest data, as 720,000 people left the labor force. The bureau revised the unexpectedly high May figures from 172,000 new jobs to 129,000, and revised the April figures from 179,000 to 148,000.
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Originally published at www.theguardian.com.
