It looks like we’re having another great month of job numbers for this year, with the economy blowing past expectations after a slump in May:
BREAKING: U.S. economy added 224,000 jobs in June vs. expectations of 165,000 increase; unemployment rate rises to 3.7%https://t.co/gzzWrQV2Fd pic.twitter.com/ktK1huVqiX
— CNBC Now (@CNBCnow) July 5, 2019
BREAKING: The U.S. economy added 224k jobs in June, blowing past expectations of 165k https://t.co/zecDHx5wJ0
— Axios (@axios) July 5, 2019
Here’s more:
The US economy added 224,000 jobs in June, a strong comeback from May.
“So if there was any question whether or not May was a fluke or not I think we can say it definitely was a fluke,” reports @AlisonKosik. https://t.co/u0nnJH5h0x pic.twitter.com/M5hK7NzCl8
— New Day (@NewDay) July 5, 2019
The unemployment rate ticked up to 3.7%, but CNN points out that it rose for a good reason because 335k people entered the workforce.
They also point out that manufacturing pulled in 17,000 jobs, which is great news for that sector.