U.S. employers added 57,000 jobs in June, missing forecasts by wide margin
By
Mary Cunningham
Summary
U.S. employers added only 57,000 jobs in June, significantly below the 100,000 that economists had forecast, signaling a potential slowdown in hiring momentum. The unemployment rate edged down to 4.2% from 4.3% in May. The report marks a notable deceleration after a period of stronger job gains.
Source
bskyU.S. employers added 57,000 jobs in June, missing forecasts by wide margincbsnews.comKey quotes
· 3 pulledU.S. employers added 57,000 jobs in June, far below analysts' forecasts and signaling that hiring may be losing momentum.
Economists polled by FactSet had predicted the economy would add 100,000 jobs last month.
The unemployment rate was 4.2% in June, down from 4.3% in May.
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