{"id":234723,"date":"2025-07-03T12:43:10","date_gmt":"2025-07-03T12:43:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/234723\/"},"modified":"2025-07-03T12:43:10","modified_gmt":"2025-07-03T12:43:10","slug":"jobs-report-june-2025","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/234723\/","title":{"rendered":"Jobs report June 2025:"},"content":{"rendered":"<p>Mitch Graham (C) inquires about jobs at Triton Recovery during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. <\/p>\n<p>Joe Raedle | Getty Images<\/p>\n<p>Job growth proved better than expected in June, as the labor market showed surprising resilience in the wake of President Donald Trump&#8217;s calls for interest rate cuts.<\/p>\n<p><a href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" target=\"_blank\" rel=\"noopener\">Nonfarm payrolls<\/a> increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000, the Bureau of Labor Statistics reported Thursday.<\/p>\n<p>The unemployment rate fell to 4.1%, against a forecast for a slight increase to 4.3%.<\/p>\n<p>Along with the solid payroll gains and fall in the unemployment rate, average hourly earnings increased 0.2% for the month and 3.7% from a year ago, indicating muted inflation pressures.<\/p>\n<p>Government employment posted a large gain, leading all categories with an increase of 73,000 due to solid boosts in state and local hiring, particularly in education-related jobs. Federal government, which is still feeling the impact of cuts from Elon Musk&#8217;s Department of Government Efficiency, lost 7,000.<\/p>\n<p>In addition, health care again was strong, adding 39,000, while social assistance contributed 19,000.<\/p>\n<p>Stock market futures held positive following the report while Treasury yields rose sharply.<\/p>\n<p>This is breaking news. Please refresh for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"Mitch Graham (C) inquires about jobs at Triton Recovery during the Mega JobNewsUSA South Florida Job Fair held&hellip;\n","protected":false},"author":2,"featured_media":234724,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3092],"tags":[1500,5464,4959,51,3085,1700,33988,897,2441,16,5664,15],"class_list":{"0":"post-234723","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-breaking-news","9":"tag-breaking-news-economy","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-economy","14":"tag-employment-figures","15":"tag-jobs","16":"tag-markets","17":"tag-uk","18":"tag-unemployment","19":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114789364843519422","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/234723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=234723"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/234723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/234724"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=234723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=234723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=234723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}