The U.S. economy added 206,000 jobs in June, unemployment rate ticks up

The U.S. economy added 206,000 jobs in June, the Labor Department said on Friday. Why it matters: Job gains were in line with economists' expectations, but the report showed signs the labor market is cooling off. The unemployment rate ticked up to 4.1%, the highest since November 2021. • Job gains in the past two months were weaker than initially known: The Labor Department said there were a combined 111,000 fewer jobs added in April and May. By the numbers: Government, health care and construction are among the sectors that...