U.S. Snaps Hiring Hot Streak With Only 57,000 Jobs Added in June

Are Higher Rates Warranted? The Fed Chairman Won't Say.

The US economy added far fewer jobs than expected last month, with just 57,000 added in June, according to Bureau of Labor Statistics data released Thursday.

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

US employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach signals lingering economic unease,…