US Employers Add 57,000 June Jobs as Long-Term Unemployment Rises to 27%
Updated
Updated · The San Diego Union-Tribune · Aug 3
US Employers Add 57,000 June Jobs as Long-Term Unemployment Rises to 27%
3 articles · Updated · The San Diego Union-Tribune · Aug 3
Summary
57,000 jobs were added in June, far below expectations and down sharply from May’s gain of more than 100,000, reinforcing signs of a labor market that is slowing without tipping into broad layoffs.
27% of unemployed workers had been out of work for 27 weeks or longer, up from 23% a year earlier, as hiring activity sits near levels seen more than a decade ago.
36,000 jobs came from professional and business services, with healthcare and social assistance also adding positions, but leisure and hospitality swung from leading gains in May to losing 61,000 jobs in June.
20% of CEOs expected major AI-driven headcount cuts in May, down from 46% in early 2025, while tighter immigration enforcement is also reshaping hiring, from fewer visa sponsorships to more lower-wage openings.
With the economy now needing far fewer new jobs to remain stable, are we permanently entering an era of widespread career stagnation?
As AI targets white-collar roles while healthcare faces severe shortages, how can professionals successfully pivot across such vastly different industries?
With older employees delaying retirement in a stagnant market, how will companies survive the inevitable knowledge drain when these veterans finally leave?