The June drop brings the three-month decline to 1.01 million, extending a slide that the post says has continued since January 2025.
US full-time employment fell by 514,000 in June to 133.66 million, the lowest level since December 2024. The decline was the third straight monthly drop, bringing the cumulative three-month fall to 1.01 million. The post also said full-time employment has been declining since January 2025, pointing to sustained weakness in a closely watched measure of labor-market quality as investors assess the broader health of the US economy.