This caused the unemployment rate to tick up to 4% from 3.8% even as employers added 213,000 jobs, and it's more evidence that faster growth is luring more people back into the workforce. The rise in the unemployment rate was also "healthy" because it reflected an uptick in the labor participation rate (to 62.9 percent from 62.7 percent), raising hopes that the labor force can overcome some of its structural headwinds.
A broader measure of unemployment, which includes people who want to work but have given up searching and those working part-time because they can not find full-time employment, rose to 7.8 percent last month from a 17-year low of 7.6 percent in May.
"Labor market fundamentals remain solid, with a meaningful pickup in service-sector employment surveys", Hill said. Just hours before the monthly jobs report was released, the Trump administration imposed taxes on $34 billion in Chinese imports, and Beijing hit back with tariffs on the same amount of US goods. There are also growing fears of global disruptions as a trade fight escalates between the US and China. Over the past year, it has added more than a half-million jobs.
Apple Music Now Has More Subscribers Than Spotify in the U.S.
For years, Spotify has been the number one service for paid subscribers who choose to listen to music that they pick themselves. The confidential information was part of a report that detailed the subscriber numbers of the various music streaming services.
The Labor Department has said that apart from the additional 213,000 jobs in June, another 37,000 extra jobs were created in April and May, which was again more than the estimates.
Altogether, 285,000 new jobs have been added in the manufacturing sector in the past year.
Exports declined mostly because of weaker trade on motor vehicles and parts as well as metal ores and non-metallic minerals.
North Korea Slams 'Gangster-Like' US Demands After Pompeo Visit
North Korea committed at the summit to the "immediate repatriation" of remains already identified, but that hasn't happened yet. Ahead of the summit, Pompeo said Trump would reject anything short of "complete, verifiable and irreversible denuclearization".
Yet another month of robust job creation showed that, despite nationwide complaints of worsening labor shortage, there remained untapped pockets of idled workers at last able to reenter the jobs market after a decade of economic recovery. Some recent reports have suggested that businesses can't find qualified workers at the wages they're offering - but this report "did not have any evidence to back up those claims", said Elise Gould, a senior economist with the Economic Policy Institute. The unemployment rate rose to 4 percent. Rising consumer spending, manufacturing output and exports are expected to have contributed to the gain, set to be officially reported later this month. That tepid increase to an average of $26.98 per hour, however, is due to the disproportionately high number of positions filled by job seekers with high-school diplomas, who generally receive lower wages.
Canada has been producing some of the strongest pay gains in years and that trend continued in June with average hourly wages up 3.6 per cent from a year earlier. The education and health sector added 54,000.
Black Oregon lawmaker says constituent called cops on her for canvassing neighborhood
Last month a woman in San Francisco called the police on an 8-year-old who was selling water outside of her apartment building. After canvassing for two hours, a police auto pulled up and asked what she was doing. 'It was just weird , ' she stated.