Friday, July 8, 2016

BOOM: US Payrolls Rocket; Best in 8 Months

Economic Report: Hiring roars back in June with 287,000 gain in new jobs

U.S. stock futures surge on better-than-expected jobs report

Nonfarm payrolls increased by a seasonally adjusted 287,000 in June, the Labor Department said, the strongest month of hiring since last October.

The unemployment number came in at 4.9%. The jobless rate has consistently been at 5 percent or less since last fall.

More unemployed workers found jobs than stopped looking in June. First time since March.



  1. sure. 36000 jobs added to almost 300k in a month.

  2. Dueling reports. Pick the one that fits your narrative.