business
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U.S. Job Growth Slows in June, Unemployment Rate Declines
July 19, 2026
Why it matters locally: While national job growth slowed, Maryland's economic indicators will be observed to see how the state's diverse industries, including its strong biotech and federal contracting sectors, respond to these broader trends in the coming months.
WASHINGTON – U.S. employers increased payrolls by 57,000 jobs in June, the Labor Department announced Friday. This figure marks a deceleration in job growth when compared to the additions made in April and May. Simultaneously, the national unemployment rate registered a decrease. The rate moved down to 4.2% during the month.
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