U.S. economy adds just 57,000 jobs in June, a worrying sign

The U.S. economy added just 57,000 jobs in June, a worrying sign for labor market stability as wage growth tracks below inflation for a third consecutive month.

The U.S. economy added just 57,000 jobs in June, a worrying sign for labor market stability as wage growth tracked below inflation for a third consecutive month.

Limited time: Save 25% on NBC News subscription

Get exclusive reporting, live Q&As and ad-free reading.

In June, average hourly earnings increased by 3.5%, which remains far below the most recent inflation reading of 4.2%.

The unemployment rate ticked down to 4.2% from 4.3%. June’s total was the lightest month of hiring since February, when the labor market contracted.