US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened

<p>US non-farm payrolls only increased by 57,000 in June, but unemployment rate fell</p><p><strong>Just in: Default rates on UK credit cards have risen, and the situation is expected to get worse.</strong></p><p>New data from the Bank of England has found that default rates for total unsecured lending, including credit card defaults, rose in the April-June quarter.</p> <a href="https://www.theguardian.com/business/live/2026/jul/02/uk-cost-of-living-squeeze-diesel-record-fall-mortage-rates-stock-markets-us-jobs-report-live-news-updates">Continue reading...</a>