US Hiring Slows Sharply, Curbing Job-Market Momentum
Source:
bloombergMarkets
July 2, 2026 · 08:01
From the publisher
US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year.
Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed.
Claudia Sahm, Chief Economist at New Century Advisors, reacts to the report. (Source: Bloomberg)
About the source
Bloomberg Markets
Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.
Wikidata Q721648
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