U.S. hiring falls to just 57,000 in June amid elevated inflation, global turmoil

The U.S. The figure was less than half the previous month's gains and fell short of economists' forecasts. The report cited elevated inflation and global turmoil as factors weighing on hiring. Professional and business services, a sector often viewed as vulnerable to artificial intelligence and automation, added 36,000 jobs.

The unemployment rate remained at 3.6%, near historic lows, but the slowdown in job creation suggests the economy may be losing momentum. Other sectors such as healthcare and government also added positions, while retail and manufacturing saw declines.

The debate over AI's impact on employment continues, with professional services adding jobs despite widespread predictions of automation-driven job losses.