Unemployment Dips to 4.2 Percent as Hiring Slows Sharply in June

U.S. employers added just 57,000 jobs, far below expectations, while a shrinking labor force helped push the jobless rate lower.by Emmitt Barry, Worthy News Washington D.C. Bureau Chief(Worthy News) – The U.S. unemployment rate unexpectedly dipped to 4.2 percent in June, even as hiring slowed sharply and employers added far fewer jobs than economists had forecast, according to new Labor Department data released Thursday.Employers added just 57,000 jobs last month, a steep slowdown from May