Good News: Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%
We’ll see how long this trend remains in the face of renewed covid infection.
(From CNBC)
Nonfarm payrolls soared by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday.
Economists surveyed by Dow Jones had been expecting a 2.9 million increase and a jobless rate of 12.4%.
Reprinted from: https://www.ac2news.com/2020/07/good-news-record-jobs-gain-of-4-8-million-in-june-smashes-expectations-unemployment-rate-falls-to-11-1/
