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Jobs Slow, Unemployment Drops Unexpectedly | Business and Finance News
Published 10 hours ago
Description
Job growth slowed to just 57,000 in June—down from 129,000 in May—sparking concern, but the unemployment rate dipped to 4.2% as fewer people are actively seeking work, shrinking the labor force participation rate to 61.5%. A mixed signal: slower hiring meets lower unemployment, hinting at deeper shifts in workforce engagement.
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