US jobs growth accelerates in June but wages continue to lag as Fed ponders hike
The Labor Department says 222,000 jobs were added last month, with unemployment at 4.4%
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
JOB creation in the US rebounded in June while the unemployment rate ticked higher as more people entered the work force in search of jobs, the Labor Department reported on Friday.
The US economic engine created another 222,000 jobs last month, while the jobless rate rose a tenth of a point to 4.4 per cent, according to the report.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities