The U.S. economy added 172,000 jobs in June, surpassing expectations of 110,000, according to seasonally adjusted non-farm payroll data. The previous month's figure was revised down from 172,000 to 129,000. Meanwhile, the unemployment rate fell to 4.2%, below the anticipated 4.3%, marking a one-year low. This unexpected drop in unemployment comes despite the payrolls figure being lower than forecasted.
US June Non-Farm Payrolls Rise to 172,000, Unemployment Falls to 4.2%
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
