US Creates 230 000 New Jobs in June

Friday 06 July, 2018 Written by 
US Creates 230 000 New Jobs in June

The U.S. created 213,000 new jobs in June.

In a surprise, the unemployment rate rose to 4% from 3.8%, the Labor Department said Friday. This could be due to the end of the school year.

Wage costs are slowly rising due to the shortage of labor.  

Hourly wages rose 5 cents, or 0.2%, to $26.98. Yet the yearly rate of pay increases was unchanged at 2.7%.

US Unemployment June

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