US job growth rebounds as economy adds 224,000 jobs in June
by Reuters from Economics | The Guardian on (#4JJ8M)
- Economy bounces back after disappointing May figures
- Moderate wage gains could still encourage Fed to cut rates
US job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.
Related: US beats forecasts with 224,000 new jobs created in June - business live
Continue reading...