leisure and hospitality

The U.S. labor market slowed in June with job growth at 57,000, down from previous months, while leisure and hospitality jobs fell by 61,000. The unemployment rate dropped to 4.2%, the lowest since June 2025, but economist Elise Gould noted 720,000 people left the labor market, calling the decline 'for the wrong reasons.'

The US labor market slowed in June with job growth at 57,000, down from previous months, while leisure and hospitality jobs fell by 61,000. The unemployment rate dropped to 4.2%, the lowest since June 2025, but this decline was attributed to 720,000 people leaving the labor market.

The US labor market showed weakened job growth in June with an increase of 57,000 jobs, down from previous months. Leisure and hospitality jobs declined by 61,000 due to slower seasonal hiring, while business services, social assistance, and healthcare added jobs. The unemployment rate fell to 4.2%, but 720,000 people left the labor market, according to an economist.

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.

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.

The U.S. labor market slowed in June with 57,000 new jobs, down from previous months, as leisure and hospitality jobs fell by 61,000. The unemployment rate dropped to 4.2%, the lowest since June 2025, but economist Elise Gould noted this was due to 720,000 people leaving the labor market. Business and professional services, social assistance, and healthcare added jobs, while leisure and hospitality saw a seasonal hiring decline.

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.

The U.S. economy added 57,000 jobs in June, far below the 115,000 expected, with revised April and May figures showing 74,000 fewer jobs. The unemployment rate dropped to 4.2% as 720,000 people exited the labor force. Hiring trends varied by sector, with professional and business services gaining jobs and leisure and hospitality losing 61,000. Wage growth (3.5% year-over-year) lags behind inflation, and unemployment remains higher for African Americans and workers under 25.

The June U.S. jobs report showed 57,000 jobs added, below the expected 115,000, with the unemployment rate dropping to 4.2%. Previous months' job gains were revised downward, and leisure and hospitality lost 61,000 jobs, while business services and healthcare saw increases.

The US job market shows revived strength with robust job growth, but challenges like inflation outpacing wages and rising long-term unemployment persist. Major tech layoffs are a small part of the broader job market, which is seeing growth across sectors like leisure, hospitality, and healthcare.

The economy added 172,000 jobs in May with unemployment remaining steady. Leisure and hospitality saw the largest gain of 70,000 jobs, while financial activities were a notable weak spot.