BUSINESSFORTUNE
‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework
June’s jobs report showed weaker-than-expected job growth with 57,000 payrolls added, down from previous months, and a drop in labor force participation to 61.5%, as economists noted concerns over a shrinking labor force and mixed sector performance.
Mentioned
Daniel ZhaopersonJeffrey RoachpersonJamie CoxpersonBradford SmithpersonChris ZaccarellipersonGlassdoororganizationLPL FinancialorganizationHarris Financial GrouporganizationJanus Henderson InvestorsorganizationNorthlight Asset Managementorganizationleisure and hospitalitytopicLabor Markettopicunemployment ratetopicwage growthtopicFederal Reserveorganization
Related Signal
Adjacent reporting
- June jobs report misses big, while unemployment falls
- The economy added just 57,000 jobs last month — a big miss
- US employers added just 57,000 new jobs in June, lower than expected
- Bonds Rally as Weak Jobs Report Dims Fed Rate-Hike Expectations
- Employers added 57,000 jobs in June, far below forecasts
- Economy disappoints with half as many jobs created in June, and May and April gains revised downward