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U.S. Economy Adds Jobs, But Manufacturing Faces Major Loss

6/7/2025

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Summary

Story summary

The U.S. economy saw a boost with 139,000 new jobs, mainly in healthcare and hospitality. Yet, the manufacturing and construction sectors faced a staggering loss of 696,000 jobs. Full-time positions dwindled, even as wages ticked up by 0.4%. A drop in labor force participation to 62.4% reveals troubling signs beneath the stable 4.2% unemployment rate.

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Story summary

The U.S. economy saw a boost with 139,000 new jobs, mainly in healthcare and hospitality. Yet, the manufacturing and construction sectors faced a staggering loss of 696,000 jobs. Full-time positions dwindled, even as wages ticked up by 0.4%. A drop in labor force participation to 62.4% reveals troubling signs beneath the stable 4.2% unemployment rate.