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LATEST US DATA

Payrolls rise in June, most in eight months

Figures suggest companies are staying the course on hiring in the face of weaker profits

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America's job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies.

Washington

AMERICA'S job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies.

Payrolls climbed by 287,000 last month, exceeding the highest estimate in a Bloomberg survey,

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