U.S. Job Growth Slows in June

Why it matters locally: While national job growth is slowing, the impact on Hawaii's labor market, particularly within its tourism-dependent economy, will be keenly observed.

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U.S. employers expanded their workforces by 57,000 jobs in June. This total fell below the previous month's hiring figures. Economists review job creation data as an indicator of companies' economic outlooks. The June numbers reflect a cautious approach among employers regarding economic conditions.