US jobs growth misses forecasts in June: nonfarm payrolls rise 57,000 vs 110,000 expected; unemployment rate falls to 4.2%
U.S. nonfarm payrolls rose just 57,000 in June, well below the 110,000 forecast, while private payrolls increased 49,000. The unemployment rate unexpectedly fell to 4.2% from an expected 4.3%.
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