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Jobs Slow, Unemployment Drops for Wrong Reasons | Concord News
Job growth stalled in June with just 57,000 new jobs—down sharply from the previous three months’ averages. May and April’s numbers were also revised downward, erasing gains and painting a less optimistic picture. Meanwhile, the unemployment rate dipped to 4.2%, its lowest since June 2025—but economists warn this may be misleading, as over 720,000 people have dropped out of the labor force. Sectors like business services and healthcare saw modest gains, while leisure and hospitality plunged by 61,000—a worrying sign for the season. Listen in comfort:Get a discount on a Soli Pillow…
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