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US economy creates more jobs than expected in June
A larger number of jobs than expected were created in the American economy in June, according to the latest official data.
The Bureau of Labour Statistics reported that non-farm payrolls rose 220,000 in the month, better than the 179,000 that economists had expected and the quickest pace of hiring since February.
The figure for May was also revised up from 138,000 to 152,000 and the April figure from 174,000 to 207,000, reinforcing the impression of a rapidly expanding jobs market in the world’s largest economy. Read more…