U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% [View all]
Source: CNBC
Published Thu, Jul 2 2026 8:31 AM EDT Updated 10 Min Ago
The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday.
Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast.
The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago.
The move lower was largely due to a slump in the labor force participation rate, which dropped 0.3 percentage point to 61.5%, the lowest since March 2021. Household employment plummeted during the month, with 507,000 fewer people reported at work. A broader unemployment measure that includes discouraged workers and those holding part-time jobs for economic reasons declined by 0.2 percentage point to 7.9%.
Read more: https://www.cnbc.com/2026/07/02/jobs-report-june-2026-.html
From the source -
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@BLS_gov
Both payroll employment (+57,000) and unemployment rate (4.2%) change little in June bls.gov/news.release/e... #JobsReport #BLSdata
12:32 PM · Jul 2, 2026
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Article updated.
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The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday.
Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast.
The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago.
The move lower was largely due to a slump in the labor force participation rate, which dropped 0.3 percentage point to 61.5%, the lowest since March 2021. Household employment plummeted during the month, with 507,000 fewer people reported at work.
The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday.
Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast.
The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The move lower was largely due to a slump in the labor force participation rate, which dropped 0.3 percentage point to 61.5%.
This is breaking news. Please refresh for updates.
The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday.
Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast.
The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The move lower was largely due to a slump in the labor force participation rate, which dropped 0.3 percentage point to 61.5%.
This is breaking news. Please refresh for updates.
Published Thu, Jul 2 2026 8:31 AM EDT
Nonfarm payrolls were expected to rise by 115,000 in June while the unemployment rate held steady at 4.3%, according to the Dow Jones consensus.
This is breaking news. Please refresh for updates.
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