{"id":2847187,"version":0,"headline":"US job growth halves in June to 57,000","dateModified":"2026-07-03T13:35:08Z","datePublished":"2026-07-02T15:13:10Z","articleBody":"<article><p class=\"lead\">The US added 57,000 jobs in June, about half the number analysts expected, while revisions slashed gains from the prior two months.</p><p>Job gains in May were revised down by 43,000 to 129,000, and gains for April were revised down by 31,000 to 148,000, according to the Bureau of Labor Statistics (BLS).</p><p>Job gains have averaged about 36,000/month over the last 12 months, BLS said.</p><p>The job growth in June compared with about 110,000 median jobs forecast by analysts surveyed by Trading Economics.</p><p>The unemployment rate fell to 4.2pc in June from 4.3pc, BLS said.</p><p>\"The recent upturn in labor demand now looks much weaker, after downward revisions,\" Pantheon Macroeconomics said in a note. Surveys and job openings measures \"suggest that payrolls will continue to rise slowly.\"</p><p>Average hourly earnings increased by 3.5pc in June from a year prior.</p><p>Professional and business services added 36,000 jobs in June, while social assistance added 25,000 jobs. Health care added 22,000 jobs. Government added 8,000 jobs.</p><p>Manufacturing added 3,000 jobs, while mining lost 4,000 jobs, with oil and gas extraction down by 800 jobs. Construction added 11,000 jobs.</p><p>Computer and electronic products added 1,500 jobs.</p><p class=\"bylines\">By Bob Willis</p></article>","dateline":"Houston, 2 July (Argus)","license":"<footer><p><br> Send comments and request more information at <a href=\"mailto:feedback@argusmedia.com?subject=Argus Direct article feedback&body=I am contacting you regarding US job growth halves in June to 57,000, available at http://direct.argusmedia.com/newsandanalysis/article/cs-24723319.\" target=\"_parent\"> feedback@argusmedia.com </a></p><p><i> Copyright © 2026. <a href=\"http://www.argusmedia.com/\" target=\"_blank\">Argus Media group</a>. All rights reserved. </i></p></footer>","copyrightHolder":"Argus Media group","copyrightYear":2026,"taxonomy":{"contexts":[{"name":"Industry","children":[{"name":"Vehicles","children":[{"name":"Automotive","children":[]}]}]},{"name":"Macroeconomics","children":[]}],"regions":[{"name":"North America","children":[{"name":"US","children":[]}]}],"sectors":[{"name":"Metals","children":[{"name":"Ferrous","children":[{"name":"Steel ","children":[]}]}]}]},"pullQuote":null,"newsType":"Daily news","language":"en-GB","keywords":null,"isFree":true,"isFeatured":true,"body":"<p class=\"lead\">The US added 57,000 jobs in June, about half the number analysts expected, while revisions slashed gains from the prior two months.</p><p>Job gains in May were revised down by 43,000 to 129,000, and gains for April were revised down by 31,000 to 148,000, according to the Bureau of Labor Statistics (BLS).</p><p>Job gains have averaged about 36,000/month over the last 12 months, BLS said.</p><p>The job growth in June compared with about 110,000 median jobs forecast by analysts surveyed by Trading Economics.</p><p>The unemployment rate fell to 4.2pc in June from 4.3pc, BLS said.</p><p>\"The recent upturn in labor demand now looks much weaker, after downward revisions,\" Pantheon Macroeconomics said in a note. Surveys and job openings measures \"suggest that payrolls will continue to rise slowly.\"</p><p>Average hourly earnings increased by 3.5pc in June from a year prior.</p><p>Professional and business services added 36,000 jobs in June, while social assistance added 25,000 jobs. Health care added 22,000 jobs. Government added 8,000 jobs.</p><p>Manufacturing added 3,000 jobs, while mining lost 4,000 jobs, with oil and gas extraction down by 800 jobs. Construction added 11,000 jobs.</p><p>Computer and electronic products added 1,500 jobs.</p><p class=\"bylines\">By Bob Willis</p>","lead":"The US added 57,000 jobs in June, about half the number analysts expected, while revisions slashed gains from the prior two months.","cmsId":"24723319","source":"Censhare"}