U.S. payrolls rise 213,000; Wage gains slow, unemployment up

U.S. LABOR MARKET payrolls rose 213,000 month to month in June and 2.4 million year over year. / BLOOMBERG
U.S. LABOR MARKET payrolls rose 213,000 month to month in June and 2.4 million year over year. / BLOOMBERG
NEW YORK - United States hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor market is still absorbing spare capacity. Payrolls rose 213,000 after an upwardly revised 244,000 advance, Labor Department figures showed Friday. The median estimate of analysts surveyed by Bloomberg called for a…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -