June Jobs Report +4.8 million, 11.1 pct. Unemployment
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, 07-02-2020 at 08:30 AM (533 Views)
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%
CNBC: https://www.cnbc.com/2020/07/02/jobs...june-2020.htmlNonfarm payrolls rose by 4.8 million in June, much better than the expected increase of 2.9 million.
The unemployment rate fell to a crisis low of 11.1%, also better than the 12.4% estimate.