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End Session Commentary - Detailed News

Economic Buzz: US nonfarm payrolls come in at four month low of 57000 in Jun-26
02-Jul-26   18:22 Hrs IST
The Labor Department released a report on Thursday showing employment trend in the US turned tepid. The US non-farm payroll employment rose by 57,000 jobs in June after jumping by 129,000 jobs in May ' marking the lowest level in the metric in last four months. This notable slowdown in job creation, reflected potential challenges for the broader economy. The change in total nonfarm payroll employment for April was revised down by 31,000, from 179,000 to 148,000, and the change for May was revised down by 43,000, from 172,000 to 129,000. With these revisions, employment in April and May combined is 74,000 lower than previously reported. The unemployment rate eased marginally from 4.3% in May to 4.2% in June.

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