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Economy adds 4.8 million jobs in June, surpassing expectations as coronavirus lingers

Posted on AllSides July 2nd, 2020
From The Center

The U.S. economy added 4.8 million jobs in June, according to data released Thursday by the Labor Department, as the gradual easing of coronavirus-related restrictions helped more businesses reopen and bring back workers.

The unemployment rate also fell to 11.1 percent last month, according to the report, as more workers who were laid off earlier this year were able to return to their pre-pandemic jobs.

Economists expected the U.S. to add anywhere between 1 and 3 million jobs for the month after the U.S. added 2.7 million in May, according...

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https://thehill.com/policy/finance/505577-june-jobs-report-economy-coronavirus-reopening

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