Reported about 1 year ago
The US labor market added 206,000 jobs in June, more than expected, but the unemployment rate rose to 4.1%, the highest since November 2021. Revisions showed fewer jobs added in April and May. The S&P 500 and Nasdaq Composite rose following the report, with expectations of interest rate cuts. Wages grew slower, but government and healthcare sectors saw job increases.
Source: YAHOO