US Job Growth Beat Expectations In June
The U.S. economy added 147,000 nonfarm payroll jobs in June, according to data released Thursday by the Bureau of Labor Statistics (BLS).
June’s job gains came after the U.S. economy added slightly more jobs than expected in May, the BLS reported. Meanwhile, the unemployment rate changed little at in June at 4.1%, from 4.2% in May, according to the BLS.
Ahead of Thursday’s jobs report, economists’ projected that the U.S. economy added 106,000 jobs in June.
A poll conducted in May by the Job Creators Network Foundation (JCNF), first shared with the Daily Caller News Foundation, found that the majority of small business owners, 58%, said they felt “optimistic” that President Donald Trump and his administration will help small businesses. Meanwhile, 41% of respondents said they felt “pessimistic” and 1% responded they were “unsure,” according to the survey.
The president has vowed to revitalize the U.S. economy during his second term, including vowing to “quickly defeat inflation” and make America more affordable.
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