Surprise jump in US jobs as economy defies expectations
Summary
The United States added 147,000 jobs in June, which was more than expected. The unemployment rate fell slightly to 4.1%, but there are still concerns that some private companies are careful about hiring new workers.Key Facts
- The U.S. added 147,000 jobs in June.
- Analysts had predicted only 110,000 new jobs.
- Government and healthcare sectors were the main sources of job growth.
- The unemployment rate dropped to 4.1% from 4.2% in May.
- Some private businesses are cautious about hiring new employees.
- The Labor Department provided the job and unemployment figures.
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