The U.S. economy added 57,000 nonfarm payroll jobs in June 2026, while the unemployment rate fell slightly to 4.2%, according to the latest report released by the U.S. Bureau of Labor Statistics.
June 2026 Employment Snapshot
The report shows a sharp deceleration in hiring, missing economic expectations, though a drop in labor force participation nudged the headline unemployment rate lower.
- Nonfarm Payrolls: +57,000 jobs (vs. ~110,000 to 115,000 forecast).
- Unemployment Rate: 4.2% (vs. 4.3% expected and 4.3% in May).
- May Revisions: May’s job gains were downwardly revised from 172,000 to 129,000.
- Labor Force Participation Rate: Decreased by 0.3 percentage points to 61.5%.
- Average Hourly Earnings: Rose 0.3% month-over-month (+$0.13 to $37.64), matching forecasts.
Industry Winners and Losers
Job creation concentrated in a few specific sectors while others experienced cuts:
- Gains: Professional and business services, social assistance, and health care.
- Losses: Leisure and hospitality saw a contraction in jobs.
Core Definitions
The monthly data is generated from two different surveys:
- Nonfarm Payrolls: Measures the net change in jobs from an establishment survey covering roughly 80% of U.S. workers, excluding farm laborers, private household employees, and the self-employed.
- Unemployment Rate: Measures the percentage of the active labor force that is jobless but actively looking for work, calculated via a separate household survey.
If you want, I can provide more details about this report. Would you like me to:
- Show historical payroll trends for comparison
- Explain the Federal Reserve's response to this data
- Break down wage growth and hours worked details
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