U.S. Adds 222K Jobs in June, 25% More Than Expected

By NTK Staff | 07.07.2017 @9:22am
U.S. Adds 222K Jobs in June, 25% More Than Expected

The June jobs report was a great one for the country, with the economy adding 43,000 more jobs than economists expected.

The U.S. added 222,000 jobs in June, according to the Bureau of Labor Statistics (BLS). The unemployment rate is 4.4 percent, a tick higher than May but the fourteenth straight month the unemployment rate has been under five percent.

Economists had expected a jobs number of 179,000, meaning June’s jobs report exceeded expectations by almost 25 percent.

Overall, the country has added 658,000 jobs in the first half of 2017, according to BLS.

Strong sectors for job growth in June include:

  • Health care (+37,000 jobs)
  • Professional and business services (+35,000 jobs)
  • Food services (+29,000 jobs)
  • Social assistance (+23,000 jobs)
  • Financial activities (+17,000 jobs)
  • Mining (+8,000 jobs)

President Trump has vowed to create 25 million new jobs over the next decade.

Sign Up

for NTK updates every week.

Anita Hill Slams Joe Biden
By NTK Staff | 11.22.2017 @2:30pm

Anita Hill Slams Joe Biden

The sexual harassment accuser criticized the former senator and vice president for his role in her Senate Judiciary Committee.

Leave a Comment