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June 2026 jobs report

The June 2026 jobs report showed US employers added +57k jobs (+172k in the May 2026 report as first published). The unemployment rate was 4.2%, down from 4.3%, and average hourly earnings rose +0.3% on the month and 3.5% on the year.

Jobs added+57k+172k the report before
Unemployment4.2%4.3% the report before
Earnings a year3.5%+0.3% on the month
EUR/USD, 15 min+72.7pips against the last price before

The June 2026 figures

Released Thursday, July 2, 2026 at 8:30 AM EDT. Source: U.S. Bureau of Labor Statistics, as first published.

MeasureJune 2026May 2026June 2025
Nonfarm payrolls, jobs added +57k +172k +147k
Unemployment rate 4.2% 4.3% 4.1%
Average hourly earnings, a month +0.3% +0.3% +0.2%
Average hourly earnings, a year 3.5% 3.4% 3.7%

As first published: later reports revise these figures. This compares with earlier reports, not with what economists expected.

What the dollar did in the hour after

Pips against the last price before the release (8:30 AM EDT), from one-minute candles. A negative EUR/USD, GBP/USD, AUD/USD or NZD/USD move, or a positive USD/JPY, USD/CHF or USD/CAD move, is a higher dollar.

Pair1 min5 min15 min60 minFurthest up, 15 minFurthest down, 15 minAt 15 minutes
EUR/USD +40.0 +50.9 +72.7 +42.3 +73.0 −0.1 dollar lower
GBP/USD +41.7 +56.8 +74.5 +56.7 +77.9 −1.0 dollar lower
USD/JPY −39.4 −84.1 −78.8 −42.5 +0.1 −91.0 dollar lower
USD/CHF −32.9 −41.2 −59.5 −34.3 +2.0 −60.4 dollar lower
AUD/USD +32.5 +38.6 +48.0 +33.8 +50.6 −2.4 dollar lower
USD/CAD −26.4 −39.5 −63.8 −39.1 0.0 −63.8 dollar lower
NZD/USD +26.3 +32.6 +42.9 +25.8 +44.4 −0.3 dollar lower

Past reactions describe what happened; they are not a forecast. All 46 reports since Jan 6, 2023 are compared on the jobs report page.

What it means for the next Fed decision

The Fed decides next on Wednesday, December 9, 2026 at 2:00 PM EST. Data like this jobs report is part of what the committee weighs: see the Fed rate forecast for the dots against today’s rate.

The odds from the record for that meeting: hold 62%. They are counted from every Fed decision since 2008 by fixed rules, not from markets and not from this report: how they are made.

More

The next jobs release, for November 2026, is due on Friday, December 4, 2026. Also: the US CPI report, the jobs report, PCE inflation, retail sales and GDP.

← May 2026 July 2026 →

Questions

What was the June 2026 jobs report?

The June 2026 jobs report showed US employers added +57k jobs (+172k in the May 2026 report as first published). The unemployment rate was 4.2%, down from 4.3%, and average hourly earnings rose +0.3% on the month and 3.5% on the year.

How did the dollar react to the June 2026 jobs report?

Measured on one-minute candles against the last price before the release, EUR/USD moved +40.0 pips in one minute, +50.9 in five, +72.7 in fifteen and +42.3 in sixty (a negative move is a higher dollar). In the first 15 minutes it went as far as +73.0 up and −0.1 down. Past reactions describe what happened, not what will.

Was it higher or lower than the report before?

The headline figure, nonfarm payrolls, jobs added, was +57k, lower than +172k in the May 2026 report. That compares with the report before, not with what economists expected, which this site does not publish.

Where do the figures come from?

U.S. Bureau of Labor Statistics, as first published, read automatically and never typed by hand. Reports are later revised, so a later figure for the same month can differ; check the agency’s own site.

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