The US economy added 372,000 jobs in June, outpacing expectations
Minneapolis The US economy added 372,000 jobs in June, an unexpected boost in hiring and a signal that the labor market remains robust despite recession fears, according to the monthly jobs report from the Bureau of Labor Statistics released Friday.
The unemployment rate held steady at 3.6%, still close to the 52-year low last reached in the months before the pandemic hit.The June job total, slightly down from May's revised 384,000 jobs added, far surpassed expectations. Economists polled by Refinitiv projected 272,700 jobs would be added in June, amid a period of economic unease and growing fears that a recession is brewing.
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Economy added 372,000 jobs in June, unemployment steady at 3.6%JUST IN: The economy once again beat expectations and added 372,000 jobs in June, an encouraging sign for the labor market’s resiliency as the Federal Reserve tries to bring down inflation by raising interest rates. zhalaschak reports.
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Economy Added 372,000 Jobs In June, Unemployment Rate Remains At 3.6%The U.S. economy added a robust 372,000 jobs in June, as unemployment remained at 3.6%, signaling resilience amid concerns of a recession. The largest gains were in professional and business servic…
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US Economy Added 372,000 Jobs in JuneThe U.S. labor market performed better than expected in June, adding nearly 50% more jobs than some economists expected. See the potential biases and similarities in reports from cnnbusiness, cnbc and foxbusiness:
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U.S. adds 372,000 jobs in June as job market remains strongThe United States added 372,000 jobs in June, and the data shows professional and business services, leisure and hospitality, and health care industries saw notable increases in workforce participation. abc15
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US employers add a solid 372,000 jobs, a sign the economy is resilientThe persistent desire of many businesses to hire and grow is providing a bulwark against the likelihood that the economy will tip into recession over the next year.
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