US economy adds higher than expected jobs in June as unemployment rate rises



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The US economy added 213,000 new jobs in June, as jobs were expected to increase by 200,000, reflecting accelerating economic growth.

The unemployment rate rose from 3.8% to 18%

The average hourly wage paid to American workers increased by 5 cents or 0.2% to $ 26.98, and increased by 2%, 7% of one year on the other.

May data were adjusted to show 244,000 jobs added to 223,000 jobs, and the April reading was revised to 175,000 from 159,000 jobs.

The pace of employment growth and rise A gradual increase in wages as well as lower taxes supporting consumer spending and a rebound in US growth during the quarter.

Monthly Employment Report for the United States

Prediction

Current

Change

]

Average Hourly Wage [dollars]

[196900014] 26.93

26.98

34.5

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