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U.S. Job Growth Falls Short Of Estimates In June, Unemployment Rate Dips

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by less than expected in the month of June.

The Labor Department said non-farm payroll employment jumped by 209,000 jobs in June, while economists had expected employment to shoot up by 225,000 jobs.

The report also showed the surges in employment in April and May were downwardly revised to 217,000 jobs and 306,000 jobs, respectively, reflecting a combined downward revision of 110,000.

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