Hiring pace in America slowed sharply in June
The decline in hiring led to the largest decline in leisure and hospitality payrolls since 2020. (Allison Joyce/Bloomberg) July 2, 2026 9:13 am, EDT key takeaways: Nonfarm payrolls increased by 57,000 in June after declining in the previous two months. The unemployment rate fell to 4.2% as labor force participation fell to 61.5%. Leisure and
