
June Jobs Report: US Payrolls Rose 57,000, Missed Forecasts
June's jobs report showed hiring cooling sharply, with only 57,000 positions added versus the 113,000 expected. Here is what the slowdown could mean for your savings, loans, and budget.

June's jobs report showed hiring cooling sharply, with only 57,000 positions added versus the 113,000 expected. Here is what the slowdown could mean for your savings, loans, and budget.

June hiring slowed sharply to 57,000 jobs, well below forecasts, even as unemployment dipped to 4.2%. Here's what the surprising jobs report really signals about the labor market's health.

The unemployment rate dipped to 4.2% in June, but the improvement had little to do with a stronger job market. Instead, the drop reflected more than 700,000 people leaving the…