Economy · World

U.S. payroll growth slows in June with 57,000 jobs added

2 sourcesFirst reported 19 days agoUpdated 19 days ago

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U.S. payroll growth significantly decreased in June, with only 57,000 jobs added.
The unemployment rate fell despite the slowdown in hiring.
Downward revisions to job figures from the prior two months affected the overall perception of job growth.
This data may impact market expectations for a Federal Reserve interest rate hike in the near future.

Generated by AI from the 2 sources below · always verify with the originals

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AI summary: catch up in 20 seconds

U.S. payroll growth significantly decreased in June, with only 57,000 jobs added.
The unemployment rate fell despite the slowdown in hiring.
Downward revisions to job figures from the prior two months affected the overall perception of job growth.
This data may impact market expectations for a Federal Reserve interest rate hike in the near future.

Generated by AI from the 2 sources below · always verify with the originals