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by Worthy News Washington D.C. Bureau Staff
(Worthy News) – The U.S. economy added 147,000 jobs in June, beating forecasts of 115,000, while the unemployment rate edged down to 4.1%, according to Labor Department data released July 3. Economists had expected a rise to 4.3%.
Most job gains came from state and local government, especially education. Private-sector hiring slowed significantly, adding just 74,000 jobs—its weakest showing since October 2024. Manufacturing jobs declined for the second straight month, and federal jobs fell by 7,000.
Average hourly earnings rose 0.2% in June, below expectations, while labor force participation slipped to 62.3%. Long-term unemployment surged by 190,000, and more Americans are working multiple jobs, now totaling 8.87 million.
Immigration enforcement may be dampening workforce participation. The share of foreign-born workers in the labor force dropped to 66.3%, down from 67.3% last year. Economists warn the U.S. may need fewer new jobs to maintain low unemployment due to declining immigration.
Markets reacted positively. Stocks rose slightly, Treasury yields climbed, and the dollar strengthened. The strong report reduced expectations for a July Fed rate cut, with most bets now shifting to September.
Despite strong headline numbers, analysts warn job growth is narrowing and uncertainty over trade and Fed policy looms large.
Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
The trial of Egyptian Christian convert Said Mansour Rezk Abdelrazek opened last week in Cairo, drawing renewed international concern over religious freedom in Egypt. Abdelrazek, arrested in July 2025, faces multiple terrorism-related charges tied to his conversion from Islam and efforts to change the religious designation on his identity documents.
A major new study from the U.S. Geological Survey has revealed that the Appalachian region may hold a massive and largely untapped supply of lithium—offering a strategic opportunity for the United States to reclaim mineral independence in an increasingly competitive global market.
Federal authorities launched a sweeping crackdown Tuesday as the Federal Bureau of Investigation executed search warrants at nearly two dozen childcare centers across Minneapolis, targeting what officials describe as a growing web of fraud schemes in the Twin Cities.
Florida Governor Ron DeSantis on Monday unveiled a newly configured congressional map that could significantly reshape the balance of power in the U.S. House, countering recent Democratic gains in Virginia and intensifying a growing nationwide redistricting fight.
House Speaker Mike Johnson announced that House Republicans are preparing a new bill to fund the Department of Homeland Security (DHS), as a prolonged funding standoff with Democrats continues to impact key immigration enforcement agencies.
The Israel Defense Forces (IDF) destroyed what it described as the largest Hezbollah tunnel discovered in southern Lebanon on Tuesday evening, carrying out a controlled detonation shortly after issuing an unusual public warning to northern Israeli communities.
President Donald Trump on Tuesday welcomed King Charles III and Queen Camilla to the White House, emphasizing the enduring alliance between the United States and the United Kingdom as the monarch continued a four-day state visit.
The Psalms, hymns, and spiritual songs encapsulate the beauty, wisdom, and eternal truths found in the Bible, creating an immersive experience that resonates with believers and seekers alike.
Copyright The New Jerusalem Media.