(Worthy News) – The U.S. job market roared back to life in June, with a better-than-expected 222,000 new positions created in June while the unemployment rate held at 4.4 percent, according to a government report Friday.
Economists surveyed by Reuters had been expecting nonfarm payrolls growth of 179,000 and the unemployment rate to be 4.3 percent. [ Source ]
+220,000 Jobs in June; Record 153,168,000 Employed
The Labor Department’s Bureau of Labor Statistics also said the number of employed Americans — which set records in February, March and April — set another record in June, at 153,168,000 employed.
And the number of Americans not in the labor force — after four straight monthly gains – dropped a bit to 94,813,000. [ Source ]