Economists predict hiring continued at a solid pace in June but slowed from previous months as the broader economy weakened under the weight of high inflation And rising interest rates,
Economists surveyed by The Wall Street Journal believe the unemployment rate stood at 3.6% last month, while employers added 250,000 jobs. Such payroll growth would mark a recession compared to earlier in the year, when companies added an average of about 500,000 workers each month, but it would still suggest the job market was at a steady level.