Softer Details Worth Watching in the Jobs Report
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| Jobs Report: U. Hiring Crushes Expectations. What It Means for Interest Rates. Last d: 4 hours agoSofter Details Worth Watching in the Jobs ReportByMegan LeonhardtIt’s easy to take June’s robust...
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financial news
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July 3, 2025
01:40 PM
Yahoo Finance
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Hiring Crushes Expectations
What It Means for Interest Rates
Last d: 4 hours agoSofter Details Worth Watching in the Jobs ReportByMegan LeonhardtIt’s easy to take June’s robust headline payroll growth and lower unemployment at face value, but the details of Thursday's report do reveal some cooling patterns worth watching in the coming months
Job growth outside of healthcare, social assistance, and government was “anemic at best” in June, writes Cory Stahle, Indeed Hiring Lab economist
These sectors accounted for 94% of all net new gains last month
The number of long-term unemployed—those who have been seeking a job for at least 27 weeks—increased by 190,000 to 1. 6 million in June
That largely offsets the notable decrease seen in May
These workers accounted for 23. 3% of all unemployed people.
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