US employers added just 57,000 new jobs in June, lower than expected | US unemployment and employment data

US employers added just 57,000 new jobs in June, lower than expected | US unemployment and employment data

US job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau of Labor Statistics revised its figures from the past two months down by a total of 74,000.The country’s unemployment rate dropped slightly to 4.2%, but the number of unemployed people changed little, according to the latest data, as 720,000 people left the labor force. The bureau revised the unexpectedly high May figures from 172,000 new jobs to 129,000, and revised the April figures from 179,000 to 148,000.Though the numbers fell short of economists’s expectations, the average number of jobs added in the last three months was about 111,000, indicating a relatively strong job market despite economic uncertainty and higher inflation brought on by the war in the Middle East. The figures also remain much higher than the sluggish growth seen last fall and winter.Bar chart of US jobs over the past yearPrivate employers added 98,000 jobs...
Read More
U.S. economy added 57,000 jobs in June

U.S. economy added 57,000 jobs in June

The U.S. economy added just 57,000 jobs in June, a worrying sign for labor market stability as wage growth tracked below inflation for a third consecutive month.In June, average hourly earnings increased by 3.5%, which remains far below the most recent inflation reading of 4.2%.The unemployment rate ticked down to 4.2% from 4.3%. June’s total was the lightest month of hiring since February, when the labor market contracted.A job seeker meets with a recruiter at a career expo in Carson, Calif., on Tuesday.Justin Sullivan / Getty ImagesThe report also included sharp downward revisions for prior months. Hiring in April was cut by 31,000 jobs, and May was revised down by 43,000.Revisions are a normal part of the data collection process and do not signal an error in prior months’ data. The Bureau of Labor Statistics, which collects the data, says they primarily result “from additional reports received from businesses and government agencies since the last published estimates.”The average monthly change...
Read More
‘US Jobs Are For Americans, Not Foreign Fraudsters’: Vance Amid H-1B Probe

‘US Jobs Are For Americans, Not Foreign Fraudsters’: Vance Amid H-1B Probe

The H-1B work visa programme, long used by US companies to hire skilled foreign professionals, is now at the centre of one of the Trump administration's biggest fraud probes yet, and US Vice President JD Vance has a warning for those he accused of gaming the system at the cost of American jobs.During a stop at the Wisconsin Air National Guard's 128th Air Refuelling Wing base in Milwaukee on Wednesday, Vance told the crowd that the Labour Department had already begun issuing subpoenas and opening investigations into what he called "foreign fraudsters" misusing the visa system."We have a program called the H-1B visa program. This goes to show how broad-based the fraud task force is we're... we're fighting for your taxpayer money, but we're also making sure that fraudsters don't take advantage of these visa programs,” he said.Read: In US' Major H-1B Fraud Probe, Trump Official's Cognizant MentionVance said the programme was originally a route for "a brilliant technology person, or...
Read More
The U.S. labor market may soon face a new crisis: Too few workers

The U.S. labor market may soon face a new crisis: Too few workers

Even as many workers are fearful that artificial intelligence could endanger their jobs, there's a potentially bigger employment crisis on the horizon: a severe labor shortage that is set to emerge over the next 10 to 15 years, according to a leading demographer. Demand for young workers is going to "explode" during that period, leaving employers with a shortage of qualified workers, according to Steven Ruggles, a professor of history and population studies at the University of Minnesota, and the creator of the Integrated Public Use Microdata Series, or IPUMS, the world's largest and most widely used population database.A wave of baby boomer retirements will coincide with smaller cohorts of young people entering the labor market, resulting in a smaller overall workforce. That will lead to an "unprecedented situation" where, for the first time in U.S. economic history, more workers will leave the workforce than enter it, Ruggles said.The labor force is set to shrink by 2.7 million workers, or 1.3%, from 2030 to...
Read More
U.S. filings for unemployment aid fall to 187,000 last week, fewest since 1969

U.S. filings for unemployment aid fall to 187,000 last week, fewest since 1969

WASHINGTON (AP) — U.S. applications for jobless benefits tumbled to the lowest level in more than five decades last week as layoffs remain historically low despite global economic uncertainty. The number of Americans applying for unemployment benefits in the week ending July 18 declined by 22,000 to 187,000, the Labor Department reported Thursday. That's the fewest number of weekly applications since the week ending Sept. 6, 1969, according to Labor Department data. READ MORE: Inflation eased in June, but Americans still feel pressure from high prices It's also well below the 215,000 new applications forecast by analysts surveyed by the data firm FactSet. Weekly filings for unemployment benefits are considered a proxy for layoffs and are close to a real-time indicator of the health of the U.S. job market. Despite surging oil prices resulting from the U.S.'s military attack on Iran, the American job market remains healthy and layoffs historically low. However, analysts say a prolonged war and higher than normal energy costs could eventually...
Read More
Top 10 Highest Paying Jobs in USA 2026 (Inc Salaries)

Top 10 Highest Paying Jobs in USA 2026 (Inc Salaries)

What US career makes the most money? This is one of the most common questions people ask when they are choosing a career path, looking for a job, or contemplating making a career shift. While there are many other factors to consider when choosing a job or career, we cannot deny the fact that earning or salary potential is a major concern for many of us. The good news is you don't have to sacrifice your passion for money because there are high-paying US jobs in almost all sectors. Don't believe us? Please take a look at our top 10 list of the highest-paying jobs in America for 2026 so you can see it yourself: Top 10 Highest Paying Jobs in USA (Inc Salaries) 1. Chief Executive Officer The company’s Chief Executive Officer (CEO) is responsible for guiding the company towards success and growth. They are in charge of making corporate and financial decisions, establishing business strategies, and managing operations. Lastly, they serve as the channel of communication between...
Read More
US job market continues to show resilience despite bumpy economy

US job market continues to show resilience despite bumpy economy

WASHINGTON (AP) — U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hormuz.Employers posted 7.36 million vacancies in June, down from 7.54 million in May, the Labor Department said Tuesday. The numbers were in line with economist expectations. Openings rose by 97,000 at warehouse, transportation and utility companies and 39,000 at federal government agencies. Openings dropped at wholesalers and manufacturers of nondurable goods.Layoffs were little-changed at 1.8 million, and the number of people quitting their jobs — a sign of confidence in their prospects — rose slightly.The gross number of people hired — before subtracting those who quit or lost their jobs — rose slightly 5.3 million. But hiring is weaker than it was in the jobs boom that followed pandemic lockdowns. Then, gross monthly hiring often topped 6 million. Still, the...
Read More

The ‘low-hire, low-fire’ trend may have returned. See the data

Updated Aug. 7, 2026, 5:46 p.m. ETU.S. employers shed 23,000 jobs in July, the Bureau of Labor Statistics said Aug. 7, a figure far below analysts' expectations, and downward revisions to job growth numbers for May and June reflect a weaker labor market than had been estimated.The July job losses come after hiring slowed in June following an earlier rebound from historically weak job creation in 2025. The July estimate comes in below the department’s now-revised estimated gains of 20,000 jobs in June and 63,000 in May.The unemployment rate ticked down to 4.1% in July. After three months of holding steady at 4.3%, it dropped to 4.2% in June, though some experts attributed that dip to a decline in the number of people looking for work, rather than a significant rise in those getting hired. The labor force participation rate fell to 61.4% in July, the lowest reading since February 2021 and slightly down from 61.5% in June."With job opportunities remaining scarce, more workers are exiting the labor market entirely," ZipRecruiter labor economist Nicole Bachaud said in a note...
Read More