Get all your news in one place.
100's of premium titles.
One app.
Start reading
WEKU
WEKU
Business
Scott Horsley

Hiring slipped only slightly in June, with no sign of a looming recession

Fewer jobs were added in June, but the labor market is still tight. A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Va., last month. (Olivier Douliery/AFP via Getty Images)

Hiring slowed only slightly last month, and the U.S. job market remains resilient despite high inflation and waning economic growth.

The Labor Department said Friday that employers added 372,000 jobs in June. The unemployment rate held steady at 3.6%, while the labor force shrank by 353,000 people.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.