US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened

Automatisch samengesteld met AI uit de vermelde bronnen

The household survey employment fell by 500,000 in June, even as the establishment survey showed a 57,000 gain, and the unemployment rate dipped to 4.2% only because 720,000 people left the labor force, dropping participation to 61.5%. The Bureau of Labor Statistics also revised down April and May payrolls by a combined 74,000.