finance
U.S. employers add 57,000 jobs in June, below forecasts
Nonfarm payrolls rose 57,000 last month while the unemployment rate edged down to 4.2 percent. Average hourly earnings increased 0.3 percent for the month and 3.5 percent over the year.
NE
LI
YA
Audio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
U.S. employers added 57,000 jobs in June, well below the 110,000 to 113,000 that forecasters had projected. The unemployment rate fell to 4.2 percent from 4.3 percent, while average hourly earnings rose 0.3 percent from the prior month and 3.5 percent from a year earlier.
Officials noted that the data reflected hiring across a range of private industries, though the overall pace remained subdued.
Average hourly earnings posted the same monthly gain as in May.
The year-over-year increase of 3.5 percent was one-tenth of a percentage point higher than the previous reading. Market participants reviewed the figures for signs of labor-market cooling amid ongoing policy uncertainty.
Transparency
How sources framed this
YA
NELI
LeftNeutralRightLabor-market weaknessLabor-market resilience
YA
NELI
LeftNeutralRightWeaknessResilience
CorroborationModerate · 4 sources
