Payrolls rise in June, most in eight months
Figures suggest companies are staying the course on hiring in the face of weaker profits
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, after a revised 11,000 gain in May, a Labor Department report showed on Friday. The median forecast in a Bloomberg survey called for a 180,000 increase…
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