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Economy

“June jobs report live updates: 209,000 jobs added as unemployment falls to 3.6%”

Hiring slowed but remained sturdy in June as U.S. employers added 209,000 jobs despite inflationhigh interest rates and nagging recession fears. Still, that’s the weakest showing since employers shed jobs in December 2020. The unemployment rate fell from 3.7% to 3.6%, the Labor Department said Friday. Economists had estimated that 225,000 jobs were added last month.

Nonfarm payroll gains

Payroll gains for April and May were revised down by a total of 110,000, depicting somewhat weaker hiring in the spring than believed. The May rise in jobs was downgraded to 306,000 from 339,000…”

https://finance.yahoo.com/news/jobs-report-live-updates-hiring-102108809.html

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