U.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook

U.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook

Economists say June’s modest job gains point to a stagnant, low-hire labor market where people are continuing to have a hard time finding new jobs.

The economy fell short of expectations in June, adding 57,000 jobs, fewer than most economists had expected.