US adds just 57K jobs in June, falling short of expectations

The U.S. job market slowed down in June, falling far short of expectations, according to data released Thursday by the Bureau of Labor Statistics (BLS).

American employers added just 57,000 jobs in June, and the unemployment rate ticked slightly down to 4.2 percent. Economists expected the U.S. to add roughly 110,000 jobs and for the jobless rate to stay stable at 4.3 percent, according to consensus estimates.

The labor force participation rate also declined by 0.3 percentage points in June,........

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