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Job Growth Slows, Unemployment Drops | Boise News
Job growth slowed to just 57,000 in June, a stark drop from the over 100,000 added each of the prior three months. Earlier months’ numbers were also revised downward—May’s gains fell from 172,000 to 129,000, and April’s from 179,000 to 148,000. Meanwhile, the unemployment rate dipped to 4.2%, its lowest since June 2025, but economists warn this drop may be misleading: 720,000 people exited the labor force entirely. Sectors like business services (+36K) and healthcare (+22K) saw gains, while leisure and hospitality lost 61K jobs, blamed on weaker seasonal hiring. The picture? A mixed bag—with…
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