June jobs report: US payrolls rose by 57,000 in June, missing expectations

The US economy added 57,000 jobs last month, fewer than economists had anticipated, government data shows. The unemployment rate dipped slightly to 4.2%. Economists surveyed by Bloomberg had expected the Labor Department's employment situation report to post a gain of 113,000 jobs at the year's midway point, with the unemployment rate remaining flat at 4.3% for the fourth consecutive month, after a string of better-than-predicted data releases. link &

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