US adds 213,000 jobs in June, but wage growth is light
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, 07-06-2018 at 09:05 AM (1211 Views)
From CNBC: US adds 213,000 jobs in June, better than expected, but wage growth is light
-The employment part of the economy continued to power forward in June, adding 213,000 jobs.
-The unemployment rate, however rose to 4 percent as more people returned to the job market.
https://www.cnbc.com/2018/07/06/nonf...olls-june.htmlThe employment part of the economy continued to power forward in June, adding another 213,000 jobs though the unemployment rate rose to 4 percent, according to a government report Friday.
Economists surveyed by Reuters had expected a nonfarm payrolls gain of 195,000 and the jobless rate to hold steady at 3.8 percent, which had been tied for the lowest since 1969.