U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
Summary
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
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BREAKING: The US economy adds 57,000 jobs in June, well below expectations of 114,000.
— The Kobeissi Letter (@KobeissiLetter) July 2, 2026
The unemployment rate fell to 4.2%, below expectations of 4.3%.
May's jobs number was also revised down by -43,000 jobs.
The labor market remains in a volatile situation.
BREAKING: 🇺🇸 US economy adds 57,000 jobs in June, lower than expectations.
— Watcher.Guru (@WatcherGuru) July 2, 2026
US unemployment rate falls to 4.2%, lower than expectations.
JUNE JOBS REPORT IN FOCUS
— *Walter Bloomberg (@DeItaone) July 2, 2026
Markets expect the U.S. to have added 114,000 jobs in June, down from 172,000 in May, with unemployment seen at 4.3%.
A resilient labor market could keep the Fed cautious on rate cuts, while a weaker-than-expected report may boost easing hopes.…
US payrolls added fewer jobs than expected in June, per ADP.
— LuxAlgo (@LuxAlgo) July 1, 2026
‣ Private Payrolls 98K vs 120K Est 🔴 pic.twitter.com/l6nh4HGUDY
BREAKING:
— Ash Crypto (@AshCrypto) July 2, 2026
🇺🇸 US economy added just 57,000 jobs in June, well below expectations of 110K.
That's a sharp slowdown from 172K the month before, the weakest job growth in months. pic.twitter.com/Zo7eD7426x