July 2 (Reuters) - Traders on Thursday priced in a much slimmer chance of a Federal Reserve interest-rate hike later this month after a Bureau of Labor Statistics report showed the U.S. economy added far fewer jobs than economists had expected.

Traders continued to see an increase in the policy rate in September as likely, with short-term interest-rate futures reflecting about a 60% chance of a hike versus a continued hold in the current range of 3.50%-3.75%.That's down from about 75% before the jobs report. Traders see less than a 20% chance of a rate hike in July.