U.S. Job Growth Stalls With Just 57,000 Positions Added in June

WHO:

Fast Company - U.S. Department of Labor reported job statistics.

Bloomberg Markets - Claudia Sahm, Chief Economist at New Century Advisors, commented on the report.

Fox Business - Jeffrey Roach, chief economist at LPL, and Seema Shah, chief global strategist at Principal Asset Management, provided insights on the jobs report.

WHAT:

Fast Company - U.S. employers added only 57,000 jobs in June, significantly lower than the previous month.

Bloomberg Markets - Nonfarm payrolls increased by 57,000 in June after downward revisions to prior months.

Fox Business - The unemployment rate fell to 4.2%, down from 4.3%.

Fox Business - April's job gain was revised down from 179,000 to 148,000, and May's from 172,000 to 129,000.

Fox Business - Private payrolls added 49,000 jobs in June, while government payrolls grew by 8,000 jobs.

Fox Business - The manufacturing sector added 3,000 jobs in June.

Fox Business - Healthcare added 21,500 jobs in June, with hospitals contributing 9,200 jobs.

Fox Business - Leisure and hospitality employment declined by 61,000 in June.

ABC News - U.S. applications for jobless aid fell by 1,000 to 215,000 for the week ending June 27.

ABC News - The four-week moving average of jobless claims fell by 2,500 to 222,000.

WHERE:

Fast Company - The report pertains to the U.S. job market.

WHEN:

Fox Business - The jobs report was released on a Thursday, a day earlier than usual due to the July 4 holiday.

ABC News - The week ending June 27 is referenced for jobless aid applications.

WHY:

Fast Company - The slowdown in hiring is attributed to companies remaining cautious amid economic uncertainties, including the war in Iran and the effects of President Trump's tariffs and high interest rates.

HOW:

Fox Business - The Bureau of Labor Statistics reported the job numbers and revisions to previous months' data.

(UPDATED July 2, 2026 17:29 UTC)

The U.S. Department of Labor has reported that employers added only 57,000 jobs in June, a significant drop from previous months. Claudia Sahm, Chief Economist at New Century Advisors, and economists Jeffrey Roach and Seema Shah provided insights on this disappointing jobs report. The unemployment rate did fall slightly to 4.2%, down from 4.3%, but revisions show that April's job gain was adjusted down from 179,000 to 148,000, and May's from 172,000 to 129,000. While private payrolls added 49,000 jobs and the healthcare sector contributed 21,500 jobs, the leisure and hospitality sector saw a decline of 61,000 jobs. This slowdown in hiring is being attributed to companies exercising caution amid economic uncertainties, including the war in Iran and the impact of Trump's tariffs and high interest rates.