Business

Employment growth hits slowest pace for US since December 2020

By Zach Halaschak
Published July 7, 2023 12:32pm ET
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Employment growth hits slowest pace for US since December 2020
A construction worker works on the site of Gables Station, a mixed use project featuring apartments, retail, a hotel and cafes, in Coral Gables, Fla. | (Lynne Sladky/AP)

The economy added 209,000 jobs in June, the Bureau of Labor Statistics reported Friday, reflecting a slowdown in the labor market as the Federal Reserve tightens its monetary policy.

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Federal Reserve Interest Rates Jobs Unemployment