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The Labor Department reported Friday that hiring slowed sharply last month. The unemployment rate declined slightly while May's total was revised lower.
The U.S. economy added 57,000 jobs in June, the Labor Department said on Friday. That figure fell well below the 114,000 jobs analysts had expected. Growth also slowed from the pace recorded in the previous two months.
The unemployment rate edged down to 4.2 percent, one-tenth of a point below the 4.3 percent forecast. Officials described the overall labor market as remaining in a volatile state. May's job total was revised downward by 43,000 positions, reducing the previously reported gain.
The New York Times characterized the report as showing slower but steady gains for employers. NPR noted that hiring had cooled after stronger readings earlier in the spring. " — NPR, July 3, 2026 Officials said the data reflect a labor market that continues to adjust after earlier rapid expansion.
CoinDeskPresident Donald Trump disclosed at least $1.4 billion in crypto-related earnings for 2025. He stated the income was legal and said the United States should lead in digital assets.
Al JazeeraPakistan's finance ministry signed an agreement with an affiliate of President Donald Trump's family crypto venture to explore using its USD1 stablecoin. No pilot projects or transactions have occurred as of early July, though the deal provided diplomatic access to the Trump admi…
The HillIran’s joint military command warned on July 2 that tankers must follow Tehran-approved routes or face an immediate response. The statement followed U.S.-Iran talks in Qatar and came as traffic stayed below pre-war levels.