US Adds Only 57K Jobs, Missing Estimates, As Unemployment Rate Slides On Plunge In Workers
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Source: Zero Hedge
Published: 2026-07-02 23:04 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Weather, Labour & Workers
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Snippet:
In our jobs preview post we quoted Goldman Delta One head, Rich Privorotsky, who said that "equities marginally want something weaker than consensus: with no forward guidance, hot NFP means hikes in play, which is unfriendly for pockets of equity risk." Well, they got it because moments ago the BLS reported that in June the US added just 57K workers, half the 113K expected, and the worst monthly print since the big February drop.
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