The May to June increase — the largest on record — may be symptomatic of an increasingly uncertain economy, experts say.

The economy added a stronger-than-expected 147,000 jobs in June, and the unemployment rate ticked down to 4.1% from 4.2%, according to Bureau of Labor Statistics data released Thursday.

Summary Nonfarm payrolls increase 147,000 in June Unemployment rate falls to 4.1% from 4.2% Average hourly earnings gain 0.2%; up 3.7% year-on-year Average workweek shortens to 34.2 hours from 34. ...

Recent college graduates face rising unemployment as the labor market deteriorates, with tech slowdowns and AI displacement contributing to a 5.8% jobless rate for those aged 22-27.

In May 2015, the unemployment rate for teenagers was 17.8 percent, but it began to decline before the pandemic. This year, the firm estimates there will be about one million new summer jobs for 16 ...