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U.S. economy adds 209,000 jobs in June
The U.S. labor market added 209,000 jobs in June, while the unemployment rate ticked down to 3.6%, the government said Friday. Why it matters: Employers continue to add a healthy number of new jobs helping keep the economy on solid footing. • The number is slightly below economists' expectations of 225,000 jobs. It is also a slowdown from the prior month's figures, which were revised down by 33,000 to 339,000. • Sectors including government and health care were among those that saw the biggest job gains last month. Details: The report shows that the job gains came alongside slightly faster pay growth. • Average ... (full story)