How many jobs added in June?<0

Live: The slight damper this number puts on job growth this year also eases a conundrum that had puzzled economists, if not resolving it completely: How could employment be growing so quickly when the labor force is basically stagnant? The economy has been adding very few workers, partly as a consequence of immigration restrictions imposed over the past year and a half. Shortages could arise in the coming months, however, if employers continue to want to hire and there are fewer people available to work — especially as hundreds of thousands of migrants with Temporary Protected Status lose their ability to work legally.

Money Quote: June Jobs Report 'A Positive For Risk Assets' -- WSJ

US employment increased by 57,000 in June, below market expectations, according to June employment statistics.

The June jobs report reinforces that the American labor market remains solid thanks to President Trump’s economic agenda. Manufacturing and factory construction jobs continued to grow in June, especially for durable goods like steel, aluminum, and other metals. • • With a new announcement just today by Magnitude 7 Metals about restarting an aluminum smelter in Missouri, Americans can count on the best being yet to come.

Economy disappoints with half as many jobs created in June, and May and April gains revised downward

The June jobs report reinforces that the American labor market remains solid thanks to President Trump’s economic agenda. Manufacturing and factory construction jobs continued to grow in June, especially for durable goods like steel, aluminum, and other metals. • • With a new announcement just today by Magnitude 7 Metals about restarting an aluminum smelter in Missouri, Americans can count on the best being yet to come.

WASHINGTON (AP) - US hiring falls to just 57,000 in June as employers pull back amid elevated inflation, global turmoil.

US June employment statistics fall short of market expectations; non-farm payrolls increase by 57,000.

US Adds Only 57K Jobs, Half Expected, As Unemployment Rate Slides On Plunge In Workers, Participation Rate

.@cvpayne on the June jobs report: "Overall, it's a solid number. It points to an economy that's strong, that's resilient, that's growing. Unemployment rate went down. So, all in all, it's fantastic."

US employment statistics for June show jobs increased by 57,000 from the previous month, below market expectations.

MACRO: U.S. added just 57,000 jobs in June, well below the 110,000 forecast, sending the probability of a Fed rate hike by September from 65% to 50%.

Live: The big question in the labor market over the past few months has been whether the pickup in job growth was real, or a mirage that would quickly reverse (or get revised away). On the surface, today’s number is a bit disappointing, falling short of forecasters’ expectations for a fourth-straight month of six-figure growth. But while it might tempter a bit of the excitement, the report is still basically consistent with the idea that the labor market has firmed after last year’s wobbles. A gain of 57,000 jobs isn’t spectacular, but it’s decent in an environment of slow labor force growth. The revisions were negative, but still left recent the three-month average above 100,000 jobs, and wage gains were solid. This certainly isn’t the booming labor market of a few years ago, but it continues to look solid.

Al Arabiya correspondent Carina Kamel: The number of jobs added in the US came as a shock to the markets and disappointed expectations, reaching only 57,000 jobs, compared to expectations of over 100,000 jobs. The decline in the unemployment rate despite the weak job creation may be attributed to a decrease in the labor force participation rate, and some unemployed individuals leaving the workforce and ceasing their job search. @Carina_bn @NaserElTibi #ClosingBell #AlArabiya_Business

US employers add 57K jobs in June as hiring continues at a healthy clip – though rate-cut hopes fall

US employment increased by 57,000 in June, but the pace of increase slowed; unemployment rate fell to 4.2%

US job growth falls short of expectations in June; unemployment rate drops to 4.2% #AlArabiya_Business

Live: Although there has been a lot of consternation about the effects of A.I. on employment, the June figures continue to show that the technology is not yet leading to widespread job losses. The information sector, which includes tech companies, lost 9,000 jobs, but professional and businesses services added 36,000 jobs and employment in financial services was stable.

US employment increased by 57,000 in June, but the pace of growth slowed; unemployment rate fell to 4.2%.

Jobs report shows weaker-than-expected hiring in June

Leisure/hospitality sector was a major driver of weakness in June payrolls … some pockets of strength in construction, business services, and temporary help, but not enough to offset what was a very soft private payroll number relative to consensus estimates

...details of the report make for interesting reading...-61k decline in Leisure & Hospitality jobs the biggest drag...signs of AI impacting the lab mkt also clear with Financial jobs having now not grown for 4mths running & Information sector seeing 11th MoM fall in 12mths...

US job growth slowed sharply, adding only 57,000 jobs in June.

U.S. payroll growth slowed sharply in June, adding only 57,000 jobs. • This morning's data could slow market expectations for a Fed rate hike as soon as this summer or early Fall.

The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. • • Leisure and hospitality employment declined by 61,000 in June.

Live: The unemployment rate had held steady at 4.3 percent for three months before this report, which was a bit perplexing to many economists given the strong rate of job growth. So the dip today isn’t too surprising, despite the somewhat weaker job gains.

BREAKING: Unemployment rate in June falls to 1-year low as US economy adds 57K jobs, fewer than the than expected 110K

[Update 2] U.S. June Employment Gains 57,000... Falls Significantly Short of Expectations

The US unemployment rate was 4.2% in June, compared to expectations of 4.3%.

US adds 57,000 jobs in June, missing expectations

◎US jobs increased by 57,000 in June

The US economy added 57,000 jobs in June, compared to expectations of 115,000. #ArabicBusiness

Live: The focus for the Fed is likely to be the unemployment rate, which continues to show the labor market is on steady footing. Layoffs are not rising sharply even if the monthly rate of jobs growth slowed in June.

[First Report] U.S. June Job Growth 'Below Expectations' by 57,000... Unemployment Rate 4.2%

Hiring Slowed in June, Unemployment Rate Ticked Down -- WSJ

WASHINGTON (AP) — US hiring falls to just 57,000 in June as employers pull back amid elevated inflation, global turmoil

The economy saw +57,000 jobs added in June BELOW expectations of +110K jobs added (NFP Non-farm Payrolls)

The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. • • Leisure and hospitality employment declined by 61,000 in June.

The US economy added 57,000 jobs in June, compared to expectations of 115,000. #AlArabiya_Business

US LABOR JUN NONFARM PAYROLLS +57K; CONSENSUS +115K • • US JUN UNEMPLOYMENT RATE 4.2%; CONSENSUS 4.3% • • US JUN AVERAGE HOURLY EARNINGS +0.35%, OR +$0.13 TO $37.64; OVER YEAR +3.52% • • US JUN PRIVATE SECTOR PAYROLLS +49K AND GOVERNMENT PAYROLLS +8K • • US JUN AVERAGE WORKWEEK UNCHANGED AT 34.3 HOURS • • US JUN LABOR-FORCE PARTICIPATION RATE 61.5% • • US MAY PAYROLLS REVISED TO +129K; APR REVISED TO +148K • • US MAY UNEMPLOYMENT UNREVISED AT 4.3%

US economy falls short of expectations with 57,000 jobs added in June

Traders of Short-Term Interest Rate Futures Trim Rate Hike Bets After Weaker-Than-Expected Jobs Data

U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%

US ECON - Payrolls up only 57k with neg revision, U-3 4.2%, earnings +0.3%, workweek 34.3

U.S. JOBS GROWTH MISSES, UNEMPLOYMENT FALLS • • U.S. nonfarm payrolls rose just 57,000 in June, well below the 110,000 forecast, while private payrolls increased 49,000. • • The unemployment rate unexpectedly fell to 4.2% from an expected 4.3%. Average hourly earnings matched forecasts, rising 0.3% m/m and 3.5% y/y, while labor force participation slipped to 61.5%.

Live: The numbers are out! U.S. employers added 57,000 jobs in June and the unemployment rate ticked down to 4.2 percent.

Nonfarm payrolls rose 57,000 in June (Reuters forecast: rise 110,000) - United States