Robert Reich

Robert Reich

The U.S. Economy is Shite

Today's report from the BLS

Robert Reich
Jul 02, 2026
∙ Paid

Friends,

Job growth slowed considerably last month. Employers added a less-than-expected 57,000 jobs in June, according to Labor Department data out today.

That’s far below the 129,000 jobs added in May and comes amid high anxiety about the state of the American economy.

According to today’s report, average hourly earnings increased by 3.5 percent. But p…

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