US hiring falls to just 57,000 in June amid elevated inflation, global turmoil
- Posted on July 2, 2026
- By Business News Today
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- 1 min read
US hiring falls to just 57,000 in June amid elevated inflation, global turmoil
US employers significantly slowed hiring in June, adding just 57,000 jobs, a stark contrast to previous months. While the unemployment rate dipped to 4.2%, this was partly due to people leaving the workforce. Companies remain cautious amid high inflation and fluctuating consumer confidence, despite modest economic growth. The report offers crucial insights into the economy's trajectory.
