The U.S. economy added 209,000 jobs in June, and Americans are finally regaining purchasing power amid high inflation. MORE ⬇️
Updated figures released Fridayshow the U.S. job market remaining strong despite thoughts earlier in the year that 2023 would bring a recession, but is cooling compared to past months.
But the number of jobs added in June was down from recent averages. Employment has grown by an average of 278,000 per month over the first six months of 2023, which is lower than the average of 399,000 per month in 2022.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
June was hottest June on record globally, Copernicus saysThis past June was the hottest June globally on record in terms of sea and air temperatures, according to a statement by the EU-backed Copernicus Climate Change Service.
Read more »
The month of June was the planet's hottest June ever recordedThe report also stated that ocean surface temperatures in June were the warmest ever recorded.
Read more »
Private sector companies added 497,000 jobs in June, more than double expectations, ADP saysThe U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected.
Read more »
U.S. private sector added 497,000 jobs in June, ADP says, in biggest increase since July 2022U.S. private-sector payrolls expanded by 497,000 in June, according to the payroll-services firm ADP on Thursday.
Read more »
U.S. Added 209K Jobs in June, Missing Expectations for 230KAn unprecedented string of 14 consecutive beats came to an end this morning, with the BLS reporting just 209K jobs added in June vs forecasts for 230K. bitcoin is little-changed on the news. SteveAlpher reports
Read more »