BUSINESSJul 2 · 15:39 UTCMISSOURI INDEPENDENTTim Henderson

US labor market weakened in June

The US labor market weakened in June with job growth slowing to 57,000, down from previous months, and leisure and hospitality jobs dropping by 61,000. The unemployment rate fell to 4.2%, the lowest since June 2025, but this was attributed to 720,000 people leaving the labor market. Job gains in business services, social assistance, and healthcare partially offset the losses.

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Mentioned

US Labor MarkettopicUS Bureau of Labor StatisticsorganizationEconomic Policy InstituteorganizationElise Gouldpersonleisure and hospitality jobstopicbusiness and professional servicestopicsocial assistancetopichealthcaretopic

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