Weak June Jobs Report 7/13/26

• June job creation was 57,000, approximately half of what was expected.
• May's job creation figures were revised down by 50,000.
• Retail and leisure/hospitality sectors experienced significant job declines, with leisure and hospitality down 61,000.

The June jobs report revealed significantly fewer jobs created than expected, with May's figures also revised downwards. While one analyst from the Trump administration maintained a strong economy view, others described it as a 'tortoise of an economy' with low and slow job growth, particularly noting declines in retail and leisure/hospitality sectors.