Business & Finance
US Hiring Slows Sharply, Curbing Recent Job-Market Momentum
Key Points
US Hiring Slows Sharply, Curbing Recent Job-Market Momentum US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year. Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months, according to Bureau of Labor Statistics data out Thursday.
US Hiring Slows Sharply, Curbing Recent Job-Market Momentum
US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year.
Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months, according to Bureau of Labor Statistics data out Thursday.