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A cooler reading on payrolls in June, which broke a three-month hot streak, is still likely to keep Federal Reserve officials' full attention on inflation and extend the interest rate pause, while preserving the hawks' case for potential rate hikes later this year. The US economy added 57,000 jobs in June, fewer than expectations for 113,000 and down ...

In the week ending June 27, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 222,000, a decrease of 2,500 from the previous week's revised average. The previous week's ...

Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2 percent) changed little in June, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, social assistance, and health care. Leisure and hospitality lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note. U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.

Fed's Daly: US monetary policy is slightly restrictive Fed's Daly: That should help inflation come down. Fed's Daly: There is a scenario where the Fed has to fight inflation; there's also a scenario where growth doesn't continue. Fed's Daly: Can't decide right now, can't give false guidance on rates.

DALY: AI INVESTMENT SHOCK HAS PEOPLE WONDERING IF IT WILL BE INFLATIONARY DALY: WE ARE IN EARLY STAGES OF A POTENTIAL EXPONENTIAL RISE IN PRODUCTIVITY GAINS FROM AI

Banco de España together with CEMFI and Menéndez Pelayo International University (UIMP) launches the fifth academic conference on the Spanish economy, that will be held on 2 and 3 July 2026 in Santander. This conference series aims at bringing together top researchers to present their recent work on topics that are of critical importance for the Spanish ...

The Bureau of Labor Statistics’ June jobs report, which will be released on Thursday at 8:30 a.m. ET, is expected to show that the recent trend of stable hiring continued for a fourth straight month, but that wage growth remains below inflation. The report is likely to show a gain of 115,000 jobs, the unemployment rate largely unchanged at 4.3% and average ...

Federal Reserve Chairman Kevin Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured. While the central bank has its own favorite metric courtesy of the Commerce Department, the public data base is rife with other gauges of how price pressures are best viewed. It’s likely that many of them will get a serious ...

In May 2026, the euro area seasonally adjusted unemployment rate was 6.2%, stable compared with April 2026 and down from 6.3% in May 2025. The EU unemployment rate was 5.9% in May 2026, also stable compared with April 2026 and down from 6.0% in May 2025. These figures are published by Eurostat, the statistical office of the European Union. Eurostat ...

In May 2026 the number of employed and unemployed people decreased, while the number of inactive people increased. On a monthly basis, employment went down (-0.1%, -22 thousand) for both sexes and all age groups except for those aged 50 and over, for whom employment grew. Overall, the employment rate fell to 63.0% (-0.1 p.p.). In the last month, the drop in ...