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

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.

Nonfarm payrolls were expected to rise by 115,000 in June while the unemployment rate held steady at 4.3%, according to the Dow Jones consensus.

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,…