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Topic: jobs report

The Marriner S. Eccles Federal Reserve Board Building in Washington.
Business
Thursday, 7/2, 12:53 PM

US Hiring Slowed Sharply in June, With Just 57,000 Jobs Added

  • American employers added just 57,000 jobs in June, far fewer than economists expected and a sharp slowdown from May, the Labor Department reported.
  • The unemployment rate stood at 4.2%, in a report that points to a cooling labor market and complicates the Federal Reserve's path.

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