Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles

• Nonfarm payrolls increased 209,000 in June, below the consensus estimate for 240,000.
• The unemployment rate was 3.6%, down 0.1 percentage point. However, a more encompassing jobless level rose to 6.9%.
• Government hiring led the job gains, followed by health care, social assistance and construction.
• Wages rose 4.4% from a year ago, slightly higher than expectations.

https://www.cnbc.com/2023/07/07/jobs-report-june-2023-.html