LABOR DEPT: Record 4.8 million in new jobs for June crushes expectations

Man finding   jobs

Man finding jobs


U.S. economy adds 4.8 million jobs in June, vs expected increase of 2.9 million

Data released by the Labor Department on Thursday showed non-farm payrolls(new jobs) jumped by 4.8 million in June and the U.S. unemployment rate fell to 11.1% as the country continued its reopening from the coronavirus pandemic,

Many economists had been expecting a 2.9 million increase and a jobless rate of 12.4%.

Statistically, today's report of jobs growth marked a significant increases from the 2.7 million in May.


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