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The deceleration reflects growing fears about the Covid-19 delta variant and difficulties filling vacant positions. U.S. payrolls are still 5.3 million below their pre-pandemic level.
Non-farm payrolls increased by 850,000 in June, bolstered by strong job gains in leisure and hospitality.
A surge in consumer spending, due to pent-up demand during the pandemic, is expected to give the economy a significant bump later this year.
How the end of federal aid programs will impact the economic recovery remains to be seen.
