New Data Shows June Job Growth Falling Well Below Initial Projections
New data released by the Labor Department on Thursday revealed that job growth fell well below expectations in June.
The Washington Post reports that 57,000 new jobs were created, and the unemployment rate ticked down to 4.2%. The drop in unemployment isn’t tied to people finding new jobs, so much as it is that people are leaving the labor market.
The Labor Department said that nearly 750,000 people left the job market last month.… Read more


