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.