U.S. Adds 206,000 jobs in June, Unemployment Ticks Up to 4.1%

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U.S. Adds 206,000 jobs in June, Unemployment Ticks Up to 4.1%
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The U.S. economy gained 206,000 jobs in June as the unemployment rate rose slightly, the Bureau of Labor Statistics The unemployment rate rose to 4.1% in June, up from 4.0% in May; some reports highlighted that this was the first time unemployment rose above 4% since 2021. While BLS previously reported 272,000 jobs gained in May, it revised that figure down to 218,000. reported that “the U.S.

US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months.

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