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U.S. hiring stayed strong in June despite trade strains

pThe Labor Department released its monthly hiring and unemployment figures Friday morning, providing one of the better snapshots of the state of the U.S. economy./pp— The Numbers/pp— 213,000 jobs were added last month. Economists had expected a gain of about 200,000. Revisions to reports for April and May added 37,000 jobs to previous totals./pp— The unemployment rate rose to 4 percent, from 3.8 percent./pp— Average hourly earnings rose by 0.2 percent after growing by 0.3 percent in May. The year-over-year gain is now 2.7 percent./pp— The Takeaway/ppArriving on the ninth anniversary of the recession’s end, the latest jobs numbers weave Click Here to Read Full Article

Source:: WDT

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