The U.S. saw a significant slowdown in job growth last month, with non-farm payrolls increasing by only 57,000 jobs, far below market expectations. However, the unemployment rate was slightly better than anticipated, which alleviated some concerns about a weakening labor market.
On July 2, the U.S. Bureau of Labor Statistics reported that non-farm employment rose by 57,000 in June compared to the previous month. This figure is well below the Dow Jones estimate of 115,000 new jobs.
Conversely, the unemployment rate stood at 4.2%, slightly lower than the expected 4.3%.
* This article has been translated by AI.
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