June Jobs Report: Unemployment Rate Up, Jobs Added
UNEMPLOYMENT RATE RISES TO 4%; US ECONOMY ADDS 213,000 JOBS
(CNN) – The June jobs report is out and for the first time in nearly a year, unemployment has gone up.
Unemployment rose to 4% in June with more Americans entering the labor force looking for work.
The economy added 213,000 jobs, marking another strong month of gains.
Wages were up 2.7% from a year ago, but showed very little change from may, barely outpacing the rise in inflation.