U.S. Job Creation Bounced Back in June
Posted on AllSides July 5th, 2019
From The Center
WASHINGTON—U.S. employers added jobs at a robust pace in June, easing fears of a hiring slowdown and showing a strong labor market could propel a domestic economy facing threats from abroad.
Nonfarm payrolls rose by 224,000 in June, the Labor Department said Friday. The jobless rate last month ticked up to 3.7% in part because more Americans entered the labor force to look for a job. Wages advanced 3.1% from a year earlier, consistent with the prior month’s pace.
Hiring was stronger than expected. Economists surveyed by The Wall Street...
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