The U.S. labor market remained a bright spot in the economy last month despite mounting talks of a recession, data from the Labor Department showed Friday.
Here are the key numbers from Friday’s report:
-
Non-farm payrolls: +372,000 vs. +268,000 expected and a revised +384,000 in May
-
Unemployment rate: 3.6% vs. 3.6% expected and 3.6% in May
-
Average hourly earnings, month-over-month: +0.3% vs. +0.3% expected and a revised +0.4% in May
-
Average hourly earnings, year-over-year: +5.1% vs. +5.0%…
Source link