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The Nexus
BUSINESSJul 2 · 19:13 UTCLOUISIANA ILLUMINATORTim Henderson

US labor market weakened in June

The US labor market slowed in June with job growth of 57,000, down from previous months, and May's job gains revised downward. The unemployment rate fell to 4.2%, the lowest since June 2025, but this decline was attributed to 720,000 people exiting the labor market. Leisure and hospitality jobs dropped 61,000, while business services and healthcare added jobs.

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Elise GouldpersonUS Bureau of Labor StatisticsorganizationEconomic Policy Instituteorganizationleisure and hospitalitytopicbusiness and professional servicestopichealthcaretopicOld Orchard Beach, Maineplace
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