Job growth slowed in June to an increase of 57,000 after three straight months of gaining more than 100,000, according to a new report released Thursday by the U.S. Bureau of Labor Statistics. Job gains were also revised down from 172,000 to 129,000 for May, and from 179,000 to 148,000 for April.
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Job growth slowed in June to an increase of 57,000 after three straight months of gaining more than 100,000, according to a new report released Thursday by the U.S. Bureau of Labor Statistics. Job gains were also revised down from 172,000 to 129,000 for May, and from 179,000 to 148,000 for April.
WASHINGTON >> U.S. job growth slowed more than expected in June and payroll gains for the prior two months were revised lower, pointing to a cooling labor market and prompting financial markets to dial back expectations for a near-term interest rate hike from the Federal Reserve.
WASHINGTON — U.S. job growth slowed sharply in June and payroll gains for the prior two months were revised lower, pointing to a cooling labor market and prompting financial markets to dial back expectations for a near-term interest rate hike from the Federal Reserve.
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