The U.S. economy added 209,000 jobs in June, the smallest pickup in jobs since December 2020, signaling a slowing but still strong labor market. June’s job gains fell short of economists’ predictions, indicating that the labor market is cooling down from its peak last year. The unemployment rate fell slightly to 3.6 percent, according to a Bureau of Labor Statistics report released Friday.
Employers add 209,000 jobs in June, a slow but steady gain
July 10, 2023