US Hiring Slows, Curbing Momentum

Insight & analysis on the White House and Capitol Hill.

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US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year. 

Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed. The unemployment rate fell to 4.2% as labor force participation plunged.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• Bloomberg International Economics and Policy Correspondent Michael McKee.
• Republican Congressman Jason Smith of Missouri, House Ways and Means Committee Chairman.
• Stonecourt Capital Partner Rick Davis and Democratic Strategist Matt Robison.
• Democratic Congresswoman Suzan DelBene of Washington, Democratic Congressional Campaign Committee Chair.

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