Afford Anything · Friday, July 3, 2026
The US economy added 57,000 jobs in June, significantly less than the 115,000 anticipated, indicating a cooling job market. Professional and business services saw the largest gains with 36,000 new jobs, while leisure and hospitality experienced a notable decline.
“The US added 57,000 new jobs in June, far less than what we expected.”
“The US added 57,000 new jobs in June, far less than the 115,000 expected.”
“One spot of bad news, particularly in the summer, is that the big loser was leisure and hospitality. Employment in that sector dropped by 61,000 because their hiring is just weaker than usual, their seasonal hiring is weaker than usual.”