Unemployment Falls to 4.2% as Economy Adds 57,000 in June

The U.S. economy added 57,000 jobs in June and the unemployment rate ticked down to 4.2 percent.

Economists had forecast 114,000 jobs and a steady unemployment rate.

The labor market in the U.S. has experienced a significant shift away from dependence on an immigration-driven workforce. Jobs numbers that may seem anemic compared with recent years may actually indicate healthy—even robust—growth under current conditions, according to economists.

Many economists now estimate the so-called “break-even” rate of job growth—the rate required to keep unemployment from rising—may be as low as zero. By contrast, when immigration was running at higher…

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