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The U.S. economy added 224,000 jobs in June, while the unemployment rate slightly increased to 3.7 percent, according to Department of Labor data released Friday.
224,000 jobs were added in June, according to the Bureau of Labor Statistics report, about double the number economists predicted. The number of adults working or looking for work remained steady at 6 million, according to the Labor Department. The Labor Department reports that employment growth has averaged 172,000 per month thus far this year, compared to 223,000 a month in 2018.
Economists - Economy - Jobs - Unemployment - Rate
Economists predicted the economy would add 165,000 jobs and the unemployment rate would remain at about 3.6 percent, according to The Wall Street Journal.
The June figures come on the heels of May’s job report that revealed unemployment steadily showing the lowest numbers in 50 years. The U.S. economy added 75,000...
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