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The economy added a stronger-than-expected 147,000 jobs in June, and the unemployment rate ticked down to 4.1% from 4.2%, according to Bureau of Labor Statistics data released Thursday.
Michigan's unemployment rate declined slightly to 5.3% in June compared with a rate of 5.4% in May. The state's jobless rate is higher than it was in June 2024, when the rate was 4.7%.
Nonfarm payrolls increase 147,000 in June Unemployment rate falls to 4.1% from 4.2% Average hourly earnings gain 0.2%; up 3.7% year-on-year Average workweek shortens to 34.2 hours from 34.3 hours ...
The unemployment rate for Black Americans rose: The jobless rate for Black workers increased in the June report, rising from 6% to 6.8%, its highest rate since January 2022.
U.S. employers added 147,000 jobs in June as the unemployment rate dipped to 4.1%. Job gains were concentrated in health care and state and local government.
The unemployment rate unexpectedly fell to 4.1%. Economists had expected the unemployment rate to move higher to 4.3%. In May, the US economy added 144,000 jobs while the unemployment held ...
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