Live Updates: U.S. Job Growth Remains Solid

Jul 5, 2024 | News

The labor market showed resiliency in June, adding 206,000 jobs, a sign that economic growth remains healthy. The unemployment rate ticked up, to 4.1 percent.

The American labor market produced another solid month of employment gains in June, the Labor Department reported on Friday. The economy added 206,000 jobs, while the unemployment rate was 4.1 percent, up from 4 percent the month before.

It was the 42nd consecutive month of job growth. But the unemployment rate surpassed 4 percent for the first time since November 2021.

Read full article (nytimes.com)