June Unemployment Report to Be Released This Thursday: Here's What to Expect
· Telemundo McAllen (KTLM)
The U.S. economy added only 57,000 jobs in June, raising concerns about labor market stability, while wage growth lagged behind inflation for the third consecutive month. The unemployment rate slightly decreased to 4.2%. Job creation in June was the lowest since February, with significant downward revisions for previous months. April's job growth was reduced by 31,000, and May's by 43,000. The employment report will be released this Thursday due to the Independence Day holiday. Economists are closely monitoring the labor market, especially as job growth in health care slowed to 22,000 jobs, well below the previous year's average.
AI summary · Source: Telemundo McAllen (KTLM) →
