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U.S. payrolls increased by 147,000 in June, more than expected
- In June, U.S. payrolls rose by 147,000, surpassing forecasts, while the unemployment rate fell to 4.1%, indicating ongoing labor market resilience.
- Growth was driven by healthcare and government sectors despite tariffs, reflecting ongoing resilience in the U.S. labor market amid business uncertainties.
- The Labor Department's revisions added 16,000 jobs, with wages rising 0.2% monthly and 3.7% yearly, confirming steady labor market resilience.
- The strong June payroll figures may prompt the Fed to keep rates steady, with stock futures rising S&P +0.3% and Nasdaq +0.35%.
- With President Trump’s 90-day tariff pause expiring on July 9, Oxford Economics projects higher unemployment in the latter half of 2025, signaling ongoing labor market challenges.
115 Articles
115 Articles
June Payroll Report Smashes Expectations, 147K New Jobs Added, Unemployment Rate Falls to 4.1%
Despite gloomy forecasts, the U.S. economy added 147,000 jobs in June—outpacing expectations and marking another sign that things may be turning around. The unemployment rate dropped to 4.1%, and full-time job gains led the charge. Key Facts: The U.S. added 147,000 jobs in June, beating the 106,000 estimate and May’s revised total of 144,000. Unemployment dropped from 4.2% to 4.1%, despite predictions of a rise to 4.3%. Full-time jobs increased…
U.S. job growth tops expectations in June
KEY TAKEAWAYS: U.S. added 147,000 jobs in June, beating forecasts Unemployment rate dipped to 4.1% as job market showed resilience Government hiring drove most gains; private hiring slowed Policy uncertainty and tariffs weigh on business confidence U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. The unemployme…
US Economy Adds 147,000 New Jobs, Unemployment Rate Dips to 4.1 Percent in June - The Thinking Conservative
The U.S. job market remained strong in June, as labor conditions continued to hold up amid economic uncertainty. The post US Economy Adds 147,000 New Jobs, Unemployment Rate Dips to 4.1 Percent in June appeared first on The Thinking Conservative.
Stimulated by a more favourable report than expected on U.S. employment and despite a long wait around tariffs, the New York Stock Exchange advanced this Thursday morning. ...
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