June Jobs Report Underperforms Expectations ^44.7%

The American Conservative - By David Brady - 7/2/2026, 9:45 PM

Recency Bias 26% - Framing Effect 22% - Appeal to Authority 18.1%

The U.S. economy added 57,000 nonfarm payroll jobs in June, below the 110,000 that economists expected. The unemployment rate fell slightly from May’s 4.3 to 4.2 percent. This month’s report follows May’s addition of 172,000 jobs and an upward revision of April’s report by 64,000 to 179,000. Labor-force participation decreased by 0.3 to... more