Hiring surged in June, shrugging off economic worries
- - - Hiring surged in June, shrugging off economic worries
Mary CunninghamJuly 3, 2025 at 9:49 PM
Thomas M Barwick INC / Getty Images
Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic growth this year.
The numbers
Job growth was stronger than expected in June. Payroll gains sailed past the 115,000 predicted by economists polled by financial data firm FactSet. The number of jobs employers added last month is just above the average monthly gain of 146,000 over the last year, according to the Labor Department.
The unemployment rate ticked down to 4.1% from 4.2% in May, the lowest since February. The rate came in below economists' forecast of 4.3%, according to FactSet
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Source: AOL General News