{"id":5043,"date":"2025-07-04T14:14:41","date_gmt":"2025-07-04T14:14:41","guid":{"rendered":"https:\/\/prepsaret.com\/news\/?p=5043"},"modified":"2025-07-04T14:14:41","modified_gmt":"2025-07-04T14:14:41","slug":"u-s-adds-147000-jobs-in-june-easing-fears-of-economic-slowdown","status":"publish","type":"post","link":"https:\/\/prepsaret.com\/news\/u-s-adds-147000-jobs-in-june-easing-fears-of-economic-slowdown\/","title":{"rendered":"U.S. Adds 147,000 Jobs in June, Easing Fears of Economic Slowdown"},"content":{"rendered":"<p><b>Key Points:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The U.S. added 147,000 jobs in June, surpassing forecasts and signaling continued labor market resilience.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Unemployment fell to 4.1%, near historic lows, despite challenges from tariffs and interest rate uncertainty.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Job gains were driven by education, healthcare, and local government roles, while manufacturing and federal employment declined.<\/span><\/li>\n<\/ul>\n<h3><b>Labor Market Shows Steady Growth Despite Economic Uncertainty<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The U.S. labor market continued to defy concerns of a slowdown in June, adding 147,000 jobs and easing fears of a broader economic downturn amid persistent uncertainty over tariffs and interest rates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data released Thursday by the Bureau of Labor Statistics showed the unemployment rate dipped to 4.1% from 4.2%, hovering near historic lows. The report exceeded economists\u2019 expectations of around 110,000 jobs added, offering a sign that hiring remains steady despite economic headwinds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">June&#8217;s gains were led by state and local government education roles, which contributed 63,500 <a href=\"https:\/\/prepsaret.com\/ged\/top-most-paying-jobs-with-a-ged\" target=\"_blank\" rel=\"noopener\">jobs<\/a>, while healthcare and social assistance added 58,600 positions. Leisure and hospitality sectors saw a boost of 20,000 jobs, and construction added 15,000 roles. However, employment in the federal government, professional services, and manufacturing either declined or remained stagnant.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While hiring has slowed from last year\u2019s pace, the labor market has remained resilient even as elevated interest rates and ongoing tariff disputes under President Donald Trump\u2019s administration have sparked volatility in other parts of the <a href=\"https:\/\/prepsaret.com\/shrm\/how-does-paying-minimum-wage-affect-the-economy\" target=\"_blank\" rel=\"noopener\">economy<\/a>. Federal Reserve Chair Jerome Powell described the overall conditions as \u201csolid\u201d during recent testimony, noting healthy trends in job creation, wages, and labor force participation.<\/span><\/p>\n<h3><b>Challenges Remain for Long-Term Unemployed and Key Sectors<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Despite the positive headline numbers, challenges persist beneath the surface. The number of long-term unemployed individuals\u2014those out of work for 27 weeks or more\u2014rose by 190,000 to 1.6 million, nearly offsetting prior improvements. The share of people unemployed for 15 weeks or longer jumped to 38.3% from 34.9%, returning to near pandemic-era highs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cory Stahle, an economist at Indeed Hiring Lab, cautioned that for job seekers outside of healthcare, social assistance, and <a href=\"https:\/\/prepsaret.com\/shrm\/shrm-education\" target=\"_blank\" rel=\"noopener\">education<\/a>, the report \u201cmight not be as solid as it seems,\u201d with hiring in many industries showing minimal progress.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Federal government employment saw a decline of 7,000 jobs in June, reflecting broader cuts under the <a href=\"https:\/\/doge.gov\/savings\" target=\"_blank\" rel=\"noopener\">Department of Government Efficiency<\/a> established by President Trump. Since January, federal employment has dropped by 69,000 roles as part of cost-cutting initiatives.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, <a href=\"https:\/\/prepsaret.com\/news\/tariff-turbulence-clouds-asmls-future-despite-ai-boom-and-strong-2025-outlook\/\" target=\"_blank\" rel=\"noopener\">tariffs and trade policies<\/a> continue to inject uncertainty into the economic landscape. Trump\u2019s administration has recently negotiated trade deals with the UK, Vietnam, and reached a preliminary agreement with China. However, legal disputes over some tariffs and concerns from major retailers about potential price hikes indicate inflationary pressures could rise in the coming months.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite these concerns, the June <a href=\"https:\/\/prepsaret.com\/shrm\/10-reasons-as-to-why-companies-post-jobs-if-they-hire-internally\" target=\"_blank\" rel=\"noopener\">jobs<\/a> report provides cautious optimism for consumers and businesses, reflecting a labor market that remains steady in the face of ongoing policy shifts and global economic tensions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As companies weigh the risks of hiring amid volatile conditions, clarity on trade and interest rate decisions in the coming weeks will play a crucial role in shaping the next phase of the U.S. labor market\u2019s recovery.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Points: The U.S. added 147,000 jobs in June, surpassing forecasts and signaling continued labor market resilience. Unemployment fell to 4.1%, near historic lows, despite challenges from tariffs and interest rate uncertainty. Job gains were driven by education, healthcare, and local government roles, while manufacturing and federal employment declined. Labor Market Shows Steady Growth Despite [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[330],"tags":[],"class_list":["post-5043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. Adds 147,000 Jobs in June, Easing Fears of Economic Slowdown<\/title>\n<meta name=\"description\" content=\"The U.S. added 147,000 jobs in June, surpassing forecasts and signaling continued labor market resilience, unemployment fell to 4.1%\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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