Private Labor Costs Rose 3.3%, but Real Wage Growth Fell 0.4%
BLS data shows private employers paid more for labor, but inflation-adjusted wages fell 0.4% as hiring slowed and layoffs stayed historically low.
BLS data shows private employers paid more for labor, but inflation-adjusted wages fell 0.4% as hiring slowed and layoffs stayed historically low.
June’s BLS jobs report: payrolls up 57,000, unemployment at 4.2% (from 4.3%), hourly pay up 13 cents, and participation dips—what it means for job seekers.
United States Jobs and Hiring Watch – June’s report shows modest payroll growth (+57,000), unemployment at 4.2%, and a dip in participation.
United States Prices and Inflation Watch – June’s jobs report shows hiring slowed and unemployment stayed near 4.2%, while pay rose—what that signals next.
The Labor Department says a contractor underpaid overtime at a Ford EV and battery campus in Tennessee, recovering $1.73 million for 1,666 workers. ([dol.gov](https://www.dol.gov/newsroom/releases/whd/whd20260623))