U.S. employers add 57,000 jobs in June, according to Bureau of Labor Statistics data, marking a slowdown in hiring compared with economists’ expectations of roughly 110,000. The unemployment rate edges down slightly to 4.2%. Multiple outlets report that the government also revises prior months’ job growth downward. In the latest revisions, May is adjusted from an initially reported 172,000 new jobs to 129,000, and April is adjusted from 179,000 to 148,000, resulting in a combined reduction of 74,000 jobs across the two months.
Reporting also notes that the labor market remains relatively stable in terms of layoffs. One outlet adds that labor force participation declines alongside the easing unemployment rate. Sector reporting across sources indicates gains in areas such as healthcare and professional services, while leisure and hospitality show losses. Overall, the monthly employment data point to weaker job growth in June, even as the unemployment rate falls modestly.
