U.S. Job Growth Slows in June, Unemployment Rate Declines

Why it matters locally: While national job growth slowed, California, which has a significant share of the national workforce, will see its own employment trends influenced by these national patterns. The decline in the national unemployment rate could reflect similar positive shifts in California's specific labor market.

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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.