U.S. adds 57,000 jobs in June, falling well short of 115,000 forecast
By
Oliver Willis
Summary
The June 2019 jobs report showed the U.S. economy added only 57,000 jobs — far below the 115,000 consensus forecast — with leisure and hospitality employment dropping by 61,000 due to weak seasonal hiring. The unemployment rate edged down slightly to 4.2%. The article frames this as evidence of economic weakness under President Trump.
Source
bskyU.S. adds 57,000 jobs in June, falling well short of 115,000 forecastdailykos.comKey quotes
· 3 pulledIn June the U.S. economy added a paltry 57,000 jobs.
The Dow Jones consensus forecast had expected a gain of 115,000 jobs.
The BLS report noted that employment in the leisure and hospitality industries fell by 61,000 in June due to 'weaker than usual seasonal hiring.'
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