Job growth misses expectations in June
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23hon MSN
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
US job growth settled down after a spring surge, as employers added a lower-than-expected 57,000 positions last month, according to Bureau of Labor Statistics data released Thursday.
Employers added 57,000 jobs in June, the Labor Department said on Friday, as jobs growth slowed from the previous two months, while the unemployment rate ticked down to 4.2%.
