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The Nexus
BUSINESSJul 2 · 19:13 UTCMICHIGAN ADVANCETim Henderson

US labor market weakened in June

The U.S. labor market weakened in June, with job growth slowing to 57,000, down from previous months, and May and April job gains revised downward. The unemployment rate fell to 4.2%, the lowest since June 2025, but 720,000 people left the labor market. Leisure and hospitality jobs dropped 61,000 due to slower seasonal hiring.

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Mentioned
US Bureau of Labor StatisticsorganizationElise GouldpersonEconomic Policy InstituteorganizationOld Orchard Beach, Maineplacebusiness and professional servicestopicsocial assistancetopichealthcaretopicleisure and hospitalitytopic
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