
June Jobs Report: US Payrolls Rose 57,000, Missed Forecasts
US employers added just 57,000 jobs last month, far below the 113,000 forecast, even as unemployment unexpectedly slipped to 4.2%. Here is what the mismatch could mean.

US employers added just 57,000 jobs last month, far below the 113,000 forecast, even as unemployment unexpectedly slipped to 4.2%. Here is what the mismatch could mean.

June payrolls rose just 57,000, well below forecasts, even as unemployment fell to 4.2 percent. Here is what the mixed signals mean for the Fed and markets.

June's jobs report of just 57,000 new payrolls, plus steep downward revisions, is reshaping the debate over labor market strength and the Federal Reserve's next move.