US June Job Growth Increases by 209,000... Below Expectations
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U.S. job growth in June increased by 209,000, falling short of expectations.
According to the U.S. Department of Labor on the 7th (local time), nonfarm payrolls increased by 209,000 last month.
The median estimate compiled by Bloomberg was 230,000, and Dow Jones estimated 240,000.
The unemployment rate stood at 3.6%, matching Wall Street's forecast.
The average hourly wage growth in the U.S. was recorded at 0.4% month-over-month and 4.4% year-over-year.
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Bloomberg's estimates were 0.3% and 4.2%, respectively.
This content was produced with the assistance of AI translation services.
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