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Labor Market Bounces Back With 224,000 More Jobs in June

Labor Market Bounces Back With 224,000 More Jobs in June
Construction workers in Miami, Fla., on May 17, 2019. Joe Raedle/Getty Images
Petr Svab
Petr Svab
reporter
|Updated:
Employers have expanded payrolls by 224,000 jobs in June, marking a surge after a weak May, the Bureau of Labor Statistics reported on July 5. Unemployment nudged up to 3.7 percent, still at nearly 50-year low.

May job growth came well below expectations at just above 70,000. The June rebound, on the other hand, handily beat the forecast of 160,000 made by economists in a Reuters poll.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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