Labor Market Roars: U.S. Economy Adds 222,000 Jobs in June

Record 153,168,000 Employed

The U.S. labor market expanded at a blistering pace in June, adding more than 222,000 jobs, according to Friday’s report from the Bureau of Labor Statistics.

That was far better than the 175,000 jobs expected by Wall Street economists.

The unemployment rate rose slightly, from 4.3 percent to 4.4 percent, according BLS. This was actually good news because it reflected more Americans re-entering the labor market.

The average hourly wage rose by 2.5 percent. Wage growth has been one of the key missing ingredients through much of the recent economic expansion. full story

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About Rhett October 788 Articles
Rhett October is a man independent of the nanny state. He sees what is obvious but to many others is a successful deception. He has a crush on Tomi Lahren. Follow him on Twitter @RhettOctober "After this, there is no turning back. You take the blue pill—the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill—you stay in Wonderland, and I show you how deep the rabbit hole goes. Remember: all I'm offering is the truth. Nothing more." -Morpheus