U.S. employers add a solid 372K jobs

Associated Press

07/08/2022

Unemployment Benefits — AMERICA’S EMPLOYERS shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases. NAM Y. HUH / ASSOCIATED PRESS FILE PHOTO

WASHINGTON (AP) – America's employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases. The unemployment rate in June remained at 3.6% for a fourth straight…