US job growth slows in June as hiring cools, unemployment falls to 4.2% after sharp labor force decline
WASHINGTON, July 2 – The U.S. labor market showed fresh signs of slowing in June as employers added fewer jobs than expected, while the unemployment rate unexpectedly edged lower. Although the decline in unemployment may appear encouraging at first glance, economists pointed to a different story beneath the surface. A significant number of Americans stopped … Read more