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.

Employers are hiring less aggressively, but they are not doing the type of widespread layoffs that typically precede a broader downturn.

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