US Jobs Growth Slows Sharply

The United States added only 57,000 jobs in June, well under forecasts, and prior months were revised sharply lower.

The labor force participation rate fell to levels not seen in half a century outside the pandemic.

AI-driven automation is now being cited as a factor behind over 100,000 job cut announcements in 2026 alone.

The data are fuelling concerns that the economy is cooling faster than expected, potentially complicating Federal Reserve policy.