US Job Growth Stalls; Trump’s Party Faces Midterm Test
Part of composite article US Adds Only 57,000 Jobs in June — Economy Stalls as Trump’s Party Faces Midterm Wipeout View full article →
The United States added far fewer jobs than expected in June, signaling new trouble for the economy ahead of the midterm elections. Total nonfarm payroll employment rose by only 57,000, the U.S. Bureau of Labor Statistics reported Thursday. The unemployment rate dipped slightly to 4.2 percent. The weak numbers put pressure on President Donald Trump’s Republican Party, which faces voters in November. The job market had shown strong gains in the previous three months, but the latest data suggests the recovery is losing steam.