Article 616ZW US adds 372,000 jobs in June as growth exceeds expectations

US adds 372,000 jobs in June as growth exceeds expectations

by
Edward Helmore
from on (#616ZW)

US unemployment rate held steady at 3.6%, labor department said, as jobs report indicated resilience

The US economy added 372,000 jobs in June, an indicator of resilience despite signs of slowing economic growth.

The jobs reports is seen as a key indicator on whether high inflation - and central bank efforts to tame it with interest rates rises - is beginning to bite down on the wider American economy.

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