Economy U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% Key Points - Nonfarm payrolls for June increased by 57,000 in June, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. - The unemployment rate, however, dropped to 4.2%, largely due to a slump in the labor force participation rate, which fell 0.3 percentage point to 61.5%, the lowest since March 2021. - Household employment plummeted during the month, with 507,000 fewer people reported at work. - Professional and business services contributed the most, with a gain of 36,000. Social assistance added 25,000 and healthcare employment rose by 22,000.

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Points - Nonfarm payrolls rose by a seasonally adjusted 115,000 in April, down from the 185,000 created in an unusually strong March, but better than the 55,000 forecast. - The unemployment rate held at 4.3%, further proof that the labor market has reached a point where only modest job creation is needed to keep the jobless level steady. - Average hourly earnings came in lower than expected, increasing 0.2% for the month and 3.6% on an annual basis, compared with respective estimates for 0.3% and 3.8%. - Following recent trends, healthcare led with 37,000 new positions, though multiple other sectors also saw gains. https://www.cnbc.com/2026/05/08/jobs-report-april-2026.html

Hello. I am a full-stack developer specializing in AI automation, agent development, and model development. I am proficient in voice AI, various LLMs, and TTS development. In particular, I can handle the entire software development process, including Web3 integration, third-party API integration, AWS, and product launches. I possess significant experience in various specialized fields, such as internal API testing using SwaggerUI, web or mobile app version management via GitHub, and DNS. If my expertise aligns with your project, please feel free to contact me at any time. Please send a DM on Skool or Telegram: @devstarfive