Aug 28, 2025
Payroll employment declined 0.2% in June, led by declines in manufacturing - which has shed nearly 2% YTD as challenges to trade impact job creation.
Job vacancies improved slightly, climbing 2.5% M/M to 492K…
… but remain down big Y/Y - with an 11% drop that’s been magnified by a 9% jump in unemployment over the same time frame.
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