WASHINGTON (MarketWatch) - The U.S. created 224,000 new jobs in June, bouncing back from a small increase in May and suggesting U.S. economy is still doing...
WASHINGTON - The U.S. created 224,000 new jobs in June, bouncing back from a small increase in May and suggesting U.S. economy is still doing OK. The unemployment rate rose a tick to 3.7% as more people entered the labor force in search of work. The increase in new jobs easily exceeded the 170,000 MarketWatch forecast, helped by a large 33,000 increase in government employment. The average wage paid to American workers rose 6 cents, or 0.2%, to $27.90 an hour.
See Full Story Hiring rebounds in June as U.S. creates 224,000 jobs, unemployment rises to 3.7% U.S. adds a robust 224,000 new jobs in June, rebounding from prior month that had raised fresh worries about the economy and stoked expectations the Federal Reserve would cut interest rates to support growth.
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