Justin Boggs is a writer for the E.W. Scripps company. Justin covers anything from politics to sports and entertainment.
The U.S. added 206,000 jobs during the month of June, which showed the U.S. economy is remaining strong despite a prolonged period of high interest rates, new data from the Bureau of Labor Statistics showed.
June job figures were still solid by recent historical standards. In the last decade, the U.S. averaged about 164,700 new jobs per month. In June, government gained 70,000 jobs, health care added 49,000 workers, social assistance employment increased by 34,000, while the construction industry added 27,000 jobs.Average hourly wages increased 10 cents in June to $35. Workers are making an average of $1.30 more than a year ago. Average weekly wages were $1,201 in June, up from $1,159 a year ago. The 3.6% increase in wages is slightly outpacing inflation. As of May, the consumer price index was up 3.3% compared to a year earlier.
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